The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law, TikTok must split apart from China, or face a nationwide ban.
The order bars the government from "any conduct that would unconstitutionally abridge the free speech of any American citizen" and orders an investigation into the Biden administration's actions.
The company says it added 19 million new subscribers during the last quarter of 2024, fueled by live events and new shows. Netflix is also raising subscriptions by $1 to $2 per month in the U.S.
Ulbricht operated the anonymous digital marketplace known as Silk Road when law enforcement arrested him. The pardon fulfills a campaign pledge Trump made to Ulbricht's Libertarian supporters.
The order follows TikTok going dark for about 14 hours after the Supreme Court upheld a law prohibiting the service from operating in the U.S. unless it breaks away from its parent company in China.
The president-elect said he will issue an executive order Monday to delay the ban while he brokers a sale. The app has returned on web and mobile, but is not available in Apple and Google's stores.
The app had more than 170 million monthly users in the U.S. The black-out is the result of a law forcing the service offline unless it sheds its ties to ByteDance, its China-based parent company.
Barring a last minute sale by its Chinese parent company, TikTok could soon go dark in the U.S. Now, creators on the Chinese-owned platform pay tribute to it — and talk about what's next.
In the wake of several lawsuits involving authors suing AI companies for allegedly scraping their literary works to train models, some big-name writers are signing on to a new AI licensing platform.
The decision resolves a long-running legal dispute between the Department of Justice and TikTok. But experts say President-elect Donald Trump will now have considerable sway over the platform's future in the U.S.
Pro-Kremlin social media accounts and outlets have been spreading a baseless narrative that mansions belonging to Ukrainian officials burned down in Los Angeles.
After launching on Thursday, the Starship rocket caught the booster back at the pad but lost contact with the ascending spacecraft as engines went out. Officials for Elon Musk's company confirmed that the spacecraft was destroyed.