Yazılar

TikTok CEO Shou Zi Chew to Attend Trump Inauguration Amid US Ban Uncertainty

Shou Zi Chew, the CEO of TikTok, is set to attend U.S. President-elect Donald Trump’s inauguration, as reported by The New York Times. According to sources, Chew has been invited to sit in a position of honor during the event, traditionally reserved for former presidents, family members, and other distinguished guests.

TikTok and its Chinese parent company, ByteDance, have not yet commented on this development. The announcement comes at a time of significant uncertainty for the app in the U.S. Despite having over 170 million American users and generating an estimated $20 billion in revenue by 2025, TikTok faces the imminent threat of a ban due to national security concerns.

The U.S. government has mandated that ByteDance must divest its U.S. operations by January 19, or face a nationwide ban on the app. The law, signed by President Joe Biden last April, has triggered a legal battle, with the U.S. Supreme Court currently deliberating whether to uphold or pause the ban.

There are also reports that Trump is considering issuing an executive order that would delay the shutdown by 60 to 90 days, although the legal framework for such a move remains unclear. TikTok has made plans to shut down its U.S. operations on Sunday unless there is a last-minute intervention.

As the situation continues to unfold, the future of TikTok in the U.S. remains uncertain, with both the company and lawmakers exploring various potential solutions.

 

US TikTok Users React as ByteDance Signals App Shutdown

Disappointment, confusion, and frustration swept through TikTok’s U.S. user base on Wednesday after reports emerged that ByteDance, the app’s Chinese owner, is planning to shut down the platform for 170 million U.S. users by Sunday. The announcement seemingly marks a concession to U.S. lawmakers who imposed a deadline for ByteDance to divest its U.S. assets or face a ban, leading many users to express resignation after months of uncertainty.

TikTok users, who have built careers and substantial followings on the platform, had hoped that the app could escape a U.S. ban passed in 2023. However, as the January 19 deadline looms, some users are beginning to accept the impending shutdown. Joonsuk Shin, a 28-year-old research manager and content creator from New York, expressed his dismay, saying, “TikTok signaling that white flag is very discouraging and very sad.”

In response, some users have called for boycotts of rival platforms like Meta’s Instagram and Facebook, as well as X (formerly Twitter), predicting that advertisers who once relied heavily on TikTok will shift to those services. One user posted, “We all need to delete our Facebook, X, and Instagram accounts that same day.”

The shutdown follows U.S. lawmakers’ concerns about national security risks, with fears that China could potentially access or demand U.S. user data from TikTok. While the company has repeatedly denied any claims of sharing user data with the Chinese government, the threat of a ban has become imminent. TikTok and ByteDance have been fighting the law in court, arguing that the ban violates the First Amendment rights of free speech.

If the U.S. Supreme Court does not intervene, users trying to access TikTok on Sunday will be redirected to a shutdown website, confirming the app’s termination. Content creators like Amber Goode, a 28-year-old true crime influencer from Colorado Springs, expressed frustration over the prolonged uncertainty, remarking, “Why are they playing with us? I feel like the government is avoiding giving us the answer they already know.”

Although some users are now preparing for the worst, others remain hopeful. There were reports earlier this week that a 270-day extension of the shutdown deadline might be in the works, but this prospect was fading as the deadline approached. As TikTok’s fate hangs in the balance, many users have already begun migrating to alternatives, including China-based apps like RedNote, often using translation tools to navigate the platforms.

For others, the situation is deeply personal. One TikTok user shared a heartfelt post, saying, “My daughter passed away in 2023. I’ve been saving all her videos to my phone. I can’t lose those.” The impending shutdown is forcing many creators to scramble to preserve their content and maintain connections with their followers.

Ishpal Sidhu, a former attorney turned full-time creator with nearly 400,000 followers, voiced her concern about losing her platform and income, saying, “It’s pretty sad because I thought we were making progress.” Sidhu wondered if she would continue receiving payments for her content once the app shuts down.

Meanwhile, users outside the U.S. have begun to react more bluntly, with some expressing relief that the algorithm-driven chaos of American social media woes might now recede from their feeds. New Zealand content creator Luke Hopewell jokingly declared, “Say goodbye to the Americans.”

 

Xiaohongshu Stake Sale Talks Value Company at $20 Billion

Backers of China’s social media platform Xiaohongshu, a TikTok competitor, are reportedly looking to sell part of their stake in the company, with potential deals valuing it at $20 billion or more, according to Bloomberg News. Key shareholders, including GGV Capital, GSR Ventures, and Tiantu Capital, are in talks with existing investors like HongShan Capital Group and Hillhouse Investment, as well as Tencent, which is considering increasing its stake in the company.

Xiaohongshu, which translates to “little red book,” is similar to Meta’s Instagram in that it allows users to share curated content through photos, videos, and text. The platform has over 300 million users and was valued at $17 billion following its latest funding round in July 2024.

This development comes amid TikTok’s planned shutdown of its U.S. operations, as a federal ban is set to take effect soon. The situation highlights the growing competition between social media platforms in China and internationally.