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.

The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.

RedNote, called Xiaohongshu in Chinese — which literally translates as Little Red Book, an apparent reference to former dictator Chairman Mao Zedong — is also required to follow the Chinese Communist Party’s regulations, but has yet to exert its moderation of English language content to meet these standards.

The founder of the app’s parent, Beijing-based ByteDance, met with Elon Musk last year.

In his first few days back in office, President Trump is talking about TikTok entirely as a deal making exercise, dropping all of his previously expressed concerns about Chinese influence and American national security.

President Donald Trump downplayed the national security risk posed by TikTok in an interview with Fox News on Wednesday, days after offering the social video app a reprieve from legislation that would have forced it to shut down.

State media hailed RedNote's success among American "TikTok refugees" as a repudiation of U.S. government "demonizing" of China's development.

RedNote, known as Xiaohongshu in China, is owned by a Shanghai-based company and raises similar questions as TikTok.

And for what it's worth, analysts seem to see this reality already. The vast majority of them currently rate Alibaba stock as a strong buy, sporting a consensus price target in the ballpark of $120 per share. That's roughly 40% better than the stock's present price, which isn't a bad start for newcomers.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

Why did the legal clock quit ticking for TikTok? What is the law behind its stoppage? And why is it ticking again after POTUS 47 became president?