According to Bloomberg, the Biden administration is not going to enforce a TikTok ban on January 19th but will instead let President-elect Trump navigate a course forward with the Chinese-owned social network. Bloomberg has more here.
In advance of a possible TikTok ban, RedNote is apparently scrambling to wall off the many new U.S. users who have joined the social network to limit American influence on Chinese users. Ars Technica has more here.
Speaking of RedNote, GGV Capital, GSR Ventures, and Tiantu Capital are reportedly trying to sell all or a portion of their stakes in the company at a $20 billion valuation. Bloomberg has more here.
The Federal Aviation Administration tells TechCrunch it had to “briefly” slow and divert a number of aircraft near the area where debris was seen falling after SpaceX’s Starship exploded during a test flight Thursday.
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