Earlier this week, when it seemed as though TikTokâs fate in the US would actually be decided by April 5th, everyone â from Amazon to the founder of OnlyFans â was coming out of the woodwork to buy it.
As it turns out, none of them had a chance. And now, thanks to President Donald Trumpâs tariff war, no one may get to buy TikTok.
People familiar with the matter tell me that, despite all of the bids for the app, the White House was only seriously considering an Oracle-led consortium, which included many of ByteDanceâs biggest investors who were set to roll their stakes into a new, US entity.
The proposal, which would have licensed the appâs algorithm from China and shuffled some shareholder money around to make TikTok look more independent from ByteDance, was set to be announced before President Trump went nuclear on tariffs. As others have reported and Iâve independently confirmed, his tariff announcement on Wednesday torched any immediate chance of the TikTok proposal being blessed by the Chinese government.
On Friday, less than an hour after Trump said he was pushing back the clock on banning TikTok by another 75 days to finish working out a deal, ByteDance …
First things first, some exciting news: The Vergecast has been nominated for a Webby Award! This one means a lot to us, especially because itâs an award you get to vote on. Weâd be so grateful if youâd go vote for us once, or 40 times, or however many times the site will allow. (Also, honestly, you should listen to some of the other nominees; all four are great shows. Just donât vote for them.)
Now, as for this episode. This is a seriously Vergecast-y week, actually, in the sense that two of the yearâs biggest news stories â the Nintendo Switch 2 and the Trump administrationâs disastrous economic policy â are both unfolding simultaneously, and stand to affect one another in unusually direct ways. So in this episode, thatâs what we talk about: the gadget weâre all eagerly awaiting, and the policy chaos that could change the way it works.
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First, we talk Switch. Nintendoâs Direct announcement this week brought a lot of new information about the companyâs new console, and a peek at some of its most anticipated games. Nilay, David, and The Vergeâs Richard Lawler dig into wha …
TikTok is shutting down Notes, its photos-sharing app that rivaled Instagram. In a notification to users, the TikTok Notes team says the app will stop working starting May 8th, and “all related features will no longer be available.”
TikTok first rolled out Notes in April of last year, which lets users share photos alongside a caption, as well as scroll through a “For You” feed with recommended content. The app was initially rolled out in limited testing to Australia and Canada.
The decision to close the app “was not made lightly,” according to TikTok’s message. It also suggests that users try out Lemon8, another social platform owned by TikTok parent company ByteDance.
Lemon8 lets users share both photos and videos, and has a focus on lifestyle topics, like beauty, food, fashion, travel, and pets. Though TikTok started nudging users toward the app in the days leading up to its brief shutdown in the US, Lemon8 was also taken offline by the ban.
“We’re excited to bring the feedback from TikTok Notes to Lemon8 as we continue building a dedicated space for our community to share and experience photo content, designed to complement and enhance the TikTok experience,” a TikTok spokesperson said to TechCrunch.
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