Trump to revive TikTok, but wants 50% US ownership

President-elect Donald Trump said he would revive TikTok access in the US by executive order after he is sworn in on Monday, but said he wants the popular social media app to be at least half owned by US investors.

TikTok stopped working for its 170 million American users late on Saturday before a law shutting it down on national security grounds took effect on Sunday. US officials had warned that under Chinese parent company ByteDance, there was a risk of Americans’ data being misused.