Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Republican state AGs await Trump-brokered TikTok deal, remain skeptical on app safety

by January 27, 2025
January 27, 2025
Republican state AGs await Trump-brokered TikTok deal, remain skeptical on app safety

President Donald Trump signaled Saturday a deal could be underway soon to ‘save’ TikTok from a looming ban, and Republican state attorneys general – many skeptical of the app’s security – are waiting to see if it comes to fruition.

‘I have spoken to many people about TikTok and there is great interest in TikTok,’ Trump told reporters aboard Air Force One on a flight to Florida, Reuters reported. 

The reported deal Trump is working on involves partnering with software company Oracle and a group of outside investors to take control of the app’s operations. According to sources familiar with the matter, ByteDance, TikTok’s Chinese parent company, would maintain a stake in the platform under the proposed deal. However, Oracle would take control of data management and software updates, leveraging its existing role in supporting TikTok’s web infrastructure, two sources told Reuters.

‘President Trump has repeatedly expressed his desire to save TikTok, and there’s no better dealmaker than Donald Trump,’ Trump’s national press secretary Karoline Leavitt previously told Fox News Digital.

Several Republican state attorneys general have actively pursued actions to ban TikTok, citing national security concerns and potential data privacy issues. In December 2024, 22 attorneys general, including those from Virginia and Montana, filed an amicus brief urging the U.S. Supreme Court to uphold the ‘divest-or-ban’ law against TikTok. The law mandates that TikTok’s parent company, ByteDance, divest its U.S. operations or face a potential ban due to national security concerns.

Texas Attorney General Ken Paxton also initiated legal action against TikTok earlier this month, alleging ‘TikTok lied about its safety standards and concealed the truth about the prevalence of inappropriate and explicit material,’ according to his office’s news release. Paxton’s lawsuit doesn’t mention the app’s ban.

A source close to several Republican state attorneys general told Fox News Digital on Monday that they’re confident if anyone can make a deal to protect the U.S. from the Chinese Communist Party, it’s Trump, but if it poses a threat to national security, then it should be banned. 

Republicans aren’t the only ones concerned about TikTok. Several Democratic state attorneys general have actively pursued legal actions against the social media app, too. In October 2024, California Attorney General Rob Bonta and New York Attorney General Letitia James, along with 12 other states and the District of Columbia, filed a lawsuit alleging that TikTok exploits and harms young users and deceives the public about the social media platform’s dangers.

While Trump tried to ban the app from U.S. access during his first administration, he credited TikTok for reaching young voters during the 2024 presidential campaign. 

TikTok went dark earlier this month after ByteDance had nine months to sell TikTok to an approved buyer but opted, along with TikTok, to take legal action against the law. The U.S. Supreme Court upheld the law, citing national security risks because of its ties to China.

The app was reinstated for U.S. users the following day, with Trump promising an executive order to extend TikTok’s sale. 

‘Welcome back!’ the TikTok message read. ‘Thank you for your patience and support. As a result of President Trump’s efforts, TikTok is back in the U.S.!’

Fox News Digital has reached out to TikTok for comment.

Fox Business’ Alexandra Koch, Bradford Betz and Landon Mion contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Justice Department fires more than a dozen key officials on former Special Counsel Jack Smith’s team
next post
Trump to address House GOP in his own backyard during Miami-area working retreat

You may also like

Hegseth bans future trans soldiers, makes sweeping changes...

February 10, 2025

Anthony Bernal: Who is Jill Biden’s top aide...

July 15, 2025

Millionaires could see rate hike in Trump agenda...

April 29, 2025

Israeli president calls Trump a ‘true friend’ on...

January 20, 2025

Bezos’ Amazon and Blue Origin back Harris as...

September 4, 2024

FBI Director Patel says man who threatened Trump...

June 18, 2025

House Republicans to elect new Trump-era leadership with...

November 13, 2024

Trump pushes to recover ‘billions of dollars’ of...

February 26, 2025

Robert F. Kennedy, Jr. to endorse Trump for...

August 23, 2024

‘Maine’s Mamdani’: Maine GOP chief issues warning about...

August 21, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’

      September 1, 2025
    • Former FBI Director Robert Mueller has Parkinson’s disease: report

      September 1, 2025
    • Trump says he will require voter ID with executive order

      August 31, 2025
    • Trump nominees squeezed between ‘blue slips’ and blue obstruction

      August 31, 2025
    • Trump appointee exits US foreign aid agency after four-month sprint: ‘Mission accomplished’

      August 31, 2025
    • Sen. Bernie Sanders calls on RFK Jr. to resign following departure of CDC officials

      August 31, 2025

    Categories

    • Business (786)
    • Investing (661)
    • Politics (5,418)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved