TikTok will "go dark" if China does not cut a deal with the Trump administration that transfers control of the app's technology and algorithm, U.S. Commerce Secretary Howard Lutnick said on Thursday.
"We've made the decision. You can't have Chinese control and have something on 100 million American phones," Lutnick told CNBC's "Squawk on the Street" on Thursday. TikTok's future in the U.S. has ...
Last month, President Donald Trump extended by 90 days to Sept. 17 a deadline for China-based ByteDance to divest the U.S. assets of TikTok. Dado Ruvic / REUTERS U.S. Commerce Secretary Howard Lutnick ...
According to Treasury Secretary Scott Bessent, President Trump’s willingness to let TikTok “go dark” was the key factor in securing a deal for the app’s U.S. operations. This firm stance on national ...
Bipartisan critics of keeping TikTok operating in the US simply have too much other stuff on their plate to muster a fight should President Trump once again extend the deadline for the Chinese-owned ...
TikTok is once again getting a last-minute reprieve. President Trump on Tuesday said he'll likely extend the deadline for China-based ByteDance to sell off the short-form video app before it's set to ...
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