President Donald Trump temporarily halted a ban on TikTok in the US, granting the company and its Chinese parent ByteDance Ltd. more time to reach a deal for the popular app that would resolve long-standing US national security concerns.
TikTok realized the advantage of bowing to autocrats. The tech barons at Trump’s inauguration are following suit - ANALYSIS: The chaotic unbanning of TikTok signals a new political fusion between corporate power and American authoritarianism— and Silicon Valley stands eager to serve,
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.
Morgan Stanley notes recent news reports suggest both President Biden and President-elect Trump are interested in extending the upcoming
Republican U.S. Senators Praise Amazon, Apple, Google, and Microsoft for Removing TikTok App from Their Stores
Chinese merchants on TikTok are taking precautionary measures to prepare for a looming ban of the short-video app in the United States, including switching to competing platforms and focusing on other overseas markets.
The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.
Morgan Stanley analyst Brian Nowak maintained a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $280.00.Stay
TikTok CEO Shou Zi Chew thanked Donald Trump for his commitment to "finding a solution" that keeps TikTok available in the U.S. after the ruling.
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"just got the 'tiktok is banned' pop up, closed the app, then went back to it 3 seconds later out of habit. yeah i’m cooked" —@laurenontour