While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.
The executive order gives ByteDance 75 days to find a new owner for TikTok's stateside business; some raise concerns about Trump's legal ability to issue a moratorium on a law already in effect.
The looming TikTok ban presents a multibillion-dollar headache for app store operators Apple and Google – as well as other Big Tech giants like Microsoft and Amazon that count its Chinese parent company ByteDance as a business partner.
A U.S. federal appeals court ruled in favor of upholding a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. President-elect Donald Trump has said he will not allow TikTok,
RedNote has become one of China’s fastest-growing social platforms, with a value of over $17 billion, as per the Financial Times.
The tech firms that host the app are putting their shareholders at risk by failing to comply with the law.
President Donald Trump said tariffs on China could depend on whether there’s a deal for TikTok. He signed an executive order allowing the popular video app to continue to run in the U.S. for 75 more days.
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so,
The Supreme Court has upheld a new law that could ban TikTok in the U.S. unless its Chinese parent company divests from the very popular video-sharing social media app. The justices said the "Protecting Americans from Foreign Adversary Controlled Applications Act" doesn't violate the First
In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while his administration determines “the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown” of TikTok.
US President Donald Trump suggested proposed tariffs on China could depend on Beijing approving a deal TikTok deal, Financial Times reported.