Business
business
Rani Molla

TikTok CEO thanks Trump, will sit with Meta CEO at inauguration

In his first statement following the Supreme Court’s decision to uphold the TikTok ban, CEO Shou Chew thanked incoming President Donald Trump — the same guy who wrote an executive order to ban TikTok during his first term — for potentially working to save the social video platform in the US.

“I would like to thank President Trump for his commitment to work with us to find a solution that keeps TikTok available in the United States,” Chew said on his own platform. “This is a strong stand for the First Amendment and against arbitrary censorship.”

Trump is considering an executive order that would suspend enforcement of the ban for 60 to 90 days so he could potentially negotiate a sale or another solution.

Chew already seems to be on Trump’s good side. The CEO is expected to sit in a position of honor at Trump’s inauguration, something reserved for former presidents, family members, and, in this case, Mark Zuckerberg, the CEO of Meta, a platform that competes directly with TikTok.

“I would like to thank President Trump for his commitment to work with us to find a solution that keeps TikTok available in the United States,” Chew said on his own platform. “This is a strong stand for the First Amendment and against arbitrary censorship.”

Trump is considering an executive order that would suspend enforcement of the ban for 60 to 90 days so he could potentially negotiate a sale or another solution.

Chew already seems to be on Trump’s good side. The CEO is expected to sit in a position of honor at Trump’s inauguration, something reserved for former presidents, family members, and, in this case, Mark Zuckerberg, the CEO of Meta, a platform that competes directly with TikTok.

More Business

See all Business
Ford Announces Plans For New Electric-Vehicle Battery Plant

Ford’s leaving the door open for a Chinese automaker collaboration, says RBC

US lawmakers have raced to introduce legislation to lock in restrictions on cheaper Chinese vehicles and parts ahead of the Trump-Xi meeting in May.

Airlines Cut Flights As Concerns Grow Over Jet Fuel Prices And Shortages

The 6 biggest US airlines spent $1.2 billion more on fuel in Q1, and things are about to get worse

Carriers expect to pay about $4.26 per gallon for jet fuel in Q2, up from $2.80 in Q1.

what3words

What3words is a simple and genius idea with one of the worst business models of all time

What3words is crowdfunding for new shareholders... and seeking exits for current ones.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.