The fate of TikTok seems to be sealed for the moment. The Biden administration firmly announced the social media giant would have to look to the Trump administration for help after tomorrow’s ban likely will see the app go dark.

Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.

A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.

This looming TikTok ban has over 170 million US TikTok users (who have named themselves "TikTok Refugees") scrambling for a replacement app. And that's what these users have seemingly found in Xiaohongshu or RedNote — a Chinese-owned social media app that has already risen to #1 on the US App Store.

TikTok arrived in the U.S. almost 6 1/2 years ago. The possibility the U.S. would outlaw the video-sharing app has kept influencers and users in anxious limbo for more than four of the years since

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.

Analysts are predicting that a recent surge of Americans flocking to the Chinese social media platform RedNote - also known as Xiaohongshu - could be short-lived, as users soon find its content regulations differ sharply from those on TikTok US.

U.S. officials have long feared that the widely popular short-form video app could be used as a vehicle for espionage.

Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid being banned in the country.

Some users are holding out hope that TikTok won’t be banned forever. Others are saving their videos and saying goodbye in the app’s final hours.