Trump to revive TikTok after inauguration

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.

Trump said he would "extend the period of time before the law’s prohibitions take effect, so that we can make a deal to protect our national security."

"I would like the United States to have a 50% ownership position in a joint venture. By doing this, we save TikTok, keep it in good hands and allow it to say up," he wrote on Truth Social.