The new entity has agreed to donate $5 billion to an education fund, which Trump said would satisfy his demand that the government receive a payment from the deal.
In its complaint, TikTok says Trump exceeded his authority when he moved to ban the app and did so for political reasons. It also said the move violates the company's free speech rights.
In August, Trump had signed an executive order to ban TikTok and WeChat by 15 September unless the ownership of the two Chinese companies changed to American.
Trump said he won't extend the mid-September deadline but TikTok’s Chinese owner may need more time to negotiate a deal after new regulations from Beijing complicated matters.
Trump administration can order American companies like Google & Apple to stop carrying the app, but can't stop American teens from finding workarounds to access the website.
These findings may lend ammunition to the Trump administration, which banned TikTok and WeChat after accusing them of bending to China's will in censoring content.
Experts say the President's approach looks like a high stakes real estate deal given that the law doesn't provide for any of the kind of payment Trump seeks.
Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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