Are you keeping up with the pending TikTok shutdown? News of the ban first came in March 2024, when U.S. President Joe Biden told TikTok's parent company, ByteDance, to sell TikTok to a buyer in the United States or face a ban in the United States.

BEIJING (Reuters) -Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the United States.

Two social media apps have taken the first and second slots on the App Store’s top free apps list: Xiaohongshu, also known as RedNote (the Chinese name translates to “little red book”), and Lemon8, which is owned by TikTok owner ByteDance.

After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.

TikTok’s U.S. operations might soon have a new owner - Elon Musk. Chinese officials are said to be considering allowing the sale of the social network to the billionaire.