• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by January 27, 2025
written by January 27, 2025

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 comment
0
FacebookTwitterPinterestEmail

previous post
Justice Department fires more than a dozen key officials on former Special Counsel Jack Smith’s team
next post
First lady Melania Trump’s new official portrait revealed

related articles

DHS scorches Pritzker’s ‘sanctuary’ state after child rapist...

May 1, 2026

Socialist mayor’s blunt 1-word message to fleeing millionaires...

May 1, 2026

DC police captain cites bodycam footage of officers...

May 1, 2026

Amazon explores ‘The Apprentice’ reboot with Trump Jr...

May 1, 2026

MN governor race to replace Walz sees major...

May 1, 2026

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Al Green ejected from Trump primetime address again — this time with protest sign

    February 25, 2026
  • Trump to meet with Netanyahu as he pushes for ceasefire between Israel, Gaza

    July 1, 2025
  • Unity stock crashes on Q4 earnings: is it a ‘value trap’?

    February 12, 2026
  • Carnival share price analysis: extremely pressured ahead of earnings

    March 23, 2026
  • Turning Point USA elects Erika Kirk as new CEO, chair of the board following Charlie Kirk’s assassination

    September 18, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,507)
  • Investing (2,290)
  • Stock (1,028)

Latest Posts

  • Trump urged to use executive power after Vance relative reportedly denied organ transplant over COVID vaccine

    February 27, 2025
  • Top Jewish Republican group criticizes Harris for ‘snubbing’ Israeli leader Netanyahu’s speech to Congress

    July 24, 2024
  • Inside Biden confidante Steve Ricchetti’s ‘combative’ eight-hour grilling in House Oversight cover-up probe

    July 31, 2025

Recent Posts

  • McIntosh: Midterms a choice between Trump’s ‘great progress’ and ‘socialists back in’

    March 10, 2026
  • AOC accuses Israel of genocide in Germany where Holocaust was launched, sparking outrage

    February 14, 2026
  • Israel’s ‘resounding’ military campaign against Iran could be historic turning point, experts say

    June 19, 2025

Editor’s Pick

  • Jordan asks Jack Smith to testify over ‘partisan and politically motivated’ Trump prosecutions

    October 14, 2025
  • Election Day in Wisconsin, Florida: What to watch as conservatives face a statewide electoral test

    April 1, 2025
  • American Bar Association blasts Bondi’s decision to block it from judicial nominations: ‘Deeply disturbing’

    June 11, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock