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Fortune

Chloe Berger

TikTok might survive its U.S. ban thanks to Trump’s cozy relationship with billionaire mega donor Jeff Yass

Jeff Yass TikTok Donald Trump Janine Yass Dan Ives Facebook ByteDance Susquehanna Susquehanna International Group

(Credit: Susquehanna International Group—Youtube Channel)

As the potential U.S. TikTok ban is looking more certain, some suspect that Donald Trump’s election might mean that the popular social media app will stick around. His billionaire pal Jeff Yass has a stake in the game, after all.

As it stands, TikTok’s fate is looking a little bleak. A federal appeals court recently rejected the company’s attempts to block the nation’s ban of the app, meaning that TikTok is set to sunset on Jan. 19. That’s one day before Trump’s inauguration, calling into question whether he’ll be able to follow through on his campaign promise to save it.

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