Trump's Encore: TikTok's Lifeline Extended by 75 Days
Just when it seemed curtains for TikTok, the wildly popular short-video social app, the Trump administration seems to have presented it with an unexpected encore.
In a riveting twist to the digital drama that has socio-political connotations and swept across global borders, the US Commerce Department confirmed on November 2020 that it would hold off on enforcing a shutdown order that was set to take effect on November 12, effectively extending TikTok's lifeline by a massive 75 days.
This indeed was a dramatic reversal from the Trump administration’s initial aggressive stance against TikTok, owned by Chinese tech giant ByteDance. The bone of contention centered on alleged national security risks due to its Chinese ownership. The 45th President of the United States, Donald Trump threatened to ban TikTok unless it sold its US operations to an American company, instigating a high-tension bidding war involving tech giants like Microsoft and Oracle.
But now, in a new spirit of clemency, the grand showdown has been deferred, providing both TikTok and ByteDance some much-needed breathing space. This decision arrived after the ruling of U.S District Judge, Wendy Beetlestone in Pennsylvania that blocked the ban, citing security concerns as 'hypothetical'. The judge’s ruling followed other legal victories for TikTok, bolstering the platform’s arguments, and offering it a sturdy legal defense.
It needs to be noted that TikTok isn't just staving off Trump’s executive order to endure. The platform is expected to navigate a detail-oriented, multi-million dollar deal with the US software company Oracle and retail giant Walmart. In September 2020, they reached a preliminary agreement that proposed ByteDance to retain 80% ownership with Oracle and Walmart collectively owning 20%. The deal, however, has yet to receive the green light from the relevant U.S and Chinese authorities, an approval that will now be watched even more closely with the extended deadline.
Where does this move leave TikTok? On one hand, the looming cloud of uncertainty continues to hang over its future in the American market. On the other hand, the extended deadline provides a much-needed respite and an additional window of opportunity for TikTok to convince the Trump administration about its proposed deal with Oracle and Walmart, and to address any concerns about user privacy and national security.
Notwithstanding challenges, TikTok's unwaning popularity cannot be glossed over. With nearly 100 million users in the US and about 700 million worldwide, the social media app stands as a reigning champ in the world of digital amusement.
In the end, this unexpected encore could mean a potential victory for TikTok. The extended lifeline could afford it the time required to sanctify the proposed deal, placate security concerns and potentially resume its usual, pulsating, meme-laden life in the vast terrain of American digital entertainment.
Ultimately, the TikTok saga has demonstrated the significant intersection of technology and politics, marking a pivotal moment in digital diplomacy. The Trump administration’s move, and the pressures that went with it, underscore the urgency of policy considerations in decision making about frontier technologies with global footprints.
Presently, TikTok has another 75 days left of its narrative. Whether it will end upon the stroke of midnight or get another lifeline is anyone's guess, but one thing is clear – TikTok's unprecedented, disruptive journey strikes a resonating chord within the large, largely unseen theatre of international cyber-politics, changing the discourse about global digital economies forever.
Source: 1. https://www.commerce.gov/ 2. https://www.reuters.com/article/usa-tiktok-commercedept/u-s-grants-tiktok-a-new-7-day-extension-of-sale-order-idUSL1N2IB1UV 3. https://abcnews.go.com/Technology/wireStory/trump-administration-gives-tiktok-15-day-sale-extension-74202009 4. https://www.cnn.com/2020/11/25/tech/tiktok-extension-trump-sale/index.html 5. https://www.bloomberg.com/news/articles/2020-11-25/tiktok-sale-deadline-extended-for-another-week-by-u-s-order. 6. https://edition.cnn.com/2020/08/17/politics/tiktok-lawsuit-trump-executive-order/index.html 7. https://www.bbc.com/news/business-54205289 8. https://www.cnbc.com/2021/02/10/tiktok-trump-era-deadline-passes-as-us-reviews-chinese-tech-deals.html 9. https://www.cnbc.com/2020/09/19/trump-approves-oracle-walmart-deal-for-tiktok.html 10. https://www.orac ...