On Tuesday, the newly-elected U.S. President Donald J. Trump signed an executive order that gave TikTok a 75-day reprieve from being shut down in the U.S. by the Justice Department, much to the delight of fervent TikTok users.
But, during the signing, the President made his intention clear: TikTok would have to sell half of itself to the U.S., by way of a U.S.-owned entity of some sort, to remain operating in the U.S.
The transactionally-minded President then added, as an aside, “Every rich person has called me about TikTok.”
Half can…
