• President Trump signed an executive order delaying the TikTok ban by 75 days after the app’s CEO, Shou Zi Chew, attended his inauguration.
  • The ban was initially set due to data privacy and national security issues linked to TikTok’s Chinese ownership.
  • Trump suggested a deal where the U.S. government could take a 50 percent ownership in TikTok’s U.S. operations.