Trump Reverses TikTok Ban, Orders 90-Day Pause

Hours after the law requiring ByteDance to divest TikTok or face a ban took effect (January 19), Trump issues an executive order directing DOJ not to enforce the ban for 90 days, giving time for a potential deal. TikTok briefly went dark before coming back online. Trump says he wants the US to receive a 50% ownership stake in TikTok. Negotiations proceed slowly through 2025.