Tue. 01/21 – TikTok Lives?

Jan 21, 2025 15m

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Alright, I’ll sum up everything that happened this weekend with TikTik, but also get to all of the changes the new Trump administration has made, which is relating to tech, in just the past 24 hours. How folks are trying to eat TikTok’s lunch. Should Apple buy Sonos? And the IMDB loses its founder after 25 years.

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Trump signs order refusing to enforce TikTok ban for 75 days (The Verge)
Trump signs executive order to halt TikTok ban, risking legal showdown (Washington Post)
President Trump signs exec order to make Musk’s DOGE commission more official (TechCrunch)
Meta announces a new CapCut rival called Edits (TechCrunch)
Bluesky adds TikTok mode while Elon mulls reviving Vine in the latest banning drama (Windows Central)
Apple Is Unlikely to Buy Sonos, But Amazon or Spotify Might Consider It (Bloomberg)
IMDb Founder Col Needham Steps Aside as CEO, COO Nikki Santoro Promoted to Chief Exec (Variety)

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AI-Generated Summary

TikTok's Temporary reprieve from Ban

President Trump signed an executive order pausing the TikTok ban for 75 days to allow ByteDance to negotiate a deal. The execution order instructs the Department of Justice not to enforce the law during this period. Legal experts warn, however, that this does not guarantee protection for companies hosting TikTok, as the law remains unchanged. The order has seen some TikTok providers restore the app while others are hesitant due to potential liabilities.

Trump's Doge Service Initiative

Trump has renamed the U.S. Digital Service to the U.S. Doge Service, aiming to introduce 'doge teams' within federal agencies to modernize IT systems. This initiative comes with a timeline that must conclude by July 4, 2026. However, it faces several legal challenges regarding transparency and public meetings.

The Rise of New Video Editing Tools Amid TikTok Uncertainty

In response to TikTok's instability, Meta is launching a new video editing app called 'Edits' to attract TikTok's content creators. With 200 million monthly active users on its CapCut app now in limbo, content creators are on the lookout for alternatives. Additionally, new short video features are being introduced by platforms like BlueSky and X, indicating a fierce competition to fill potential voids left by TikTok.

Sonos Acquisition Rumors Sparked by Challenges

Speculations arise that Apple might acquire Sonos amidst the latter's difficulties; however, insights suggest that Apple's current in-house capabilities obscure the need for such a purchase. Other potential buyers, including Amazon and Spotify, are also mentioned, but the scenario of Sonos remaining independent appears favorable.

Leadership Change at IMDb

IMDb founder Col Needham stepped down, transitioning to an executive chair position, while COO Nikki Santoro has been appointed CEO. This change marks a pivotal moment in the platform's history, becoming only the second CEO in its 35-year existence. IMDb is part of Amazon's portfolio, catering to millions of visitors monthly.