— Topic —

    Tiktok

    2 receipts tracked • 25% industry hit rate

    — Filed —

    2 receipts on Tiktok

    Browse all →

    RECEIPT #SCOTT-

    MAY 18, 2024

    Partially right.

    PREDICTION BY

    Scott Galloway
    TikTok will be divested to American interests due to its security risks.

    FOLLOW-UP

    US legislation was signed requiring divestiture, and the law was upheld, but TikTok continues operating under a negotiated extension, avoiding a full ban. So, divestiture is in process but not fully complete as predicted within the initial timeframe.

    ORIGINAL SOURCE

    Hotelemarketer

    RECEIPT #ALEX-K

    DEC 23, 2024

    Missed it.

    PREDICTION BY

    Alex Kantrowitz
    TikTok Stays... To me, the most likely scenario, is Trump finds a way to get the government to accept that TikTok has fulfilled its divestment obligations by walling off U.S. data (pay attention to TikTok’s U.S. Distributed Service unit) and the app stays on U.S. app stores.

    FOLLOW-UP

    TikTok did not stay in the U.S. solely by walling off U.S. data, as courts rejected this measure. Instead, a qualified divestiture was mandated and is in progress via a joint venture with majority U.S. ownership, as evidenced by Executive Order 14310 and the Supreme Court upholding the law without data-wall exceptions.