Wall Street hit new records as Donald Trump began his second term as the 47th U.S. president Monday. The S&P 500 climbed above 6,100 points over the week, surpassing its previous December peak and marking a second consecutive week of gains, fueled by a strong start to the fourth-quarter earnings season. Tech stocks once again…
Instagram announced the release of its new video editing software Edits on Sunday. TikTok and CapCut, a video editing software, were legally banned in the U.S. on Sunday. The first version of Instagram’s Edits will be available for download and use in February or March. As TikTok scrambled to restore service in the U.S. on…
As of 11:15 a.m. ET on Sunday, the TikTok website was accessible on desktop internet browsers, USA TODAY staff and two sources confirmed. Click here to learn more. TikTok may be dark in America, but users are still able to download their data. On Saturday night, TikTok users scrolling through the app were met with…
TikTok went dark for U.S. users on Saturday night. Several other ByteDance-owned platforms are also unavailable, including Lemon8, CapCut and Marvel Snap. Already downloaded banned apps will remain on devices, but they are likely unusable already. Banned apps are not available for download from the Apple App or Google Play stores. Many are not accessible…
With the flip of a switch, TikTok went dark in America. Instead of the high-velocity carousel of viral morsels, around 10:30 p.m. ET − 90 minutes before the shutdown deadline −TikTok users in the U.S. received a pop-up saying: “Sorry, TikTok isn’t available right now.” “A law banning TikTok has been enacted in the U.S….
A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the postelection surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one interest rate cut by year-end…
With the Supreme Court’s move Friday to uphold a ban on video sharing app TikTok, the social media app could be shut down as soon as Sunday. There’s still some uncertainty about TikTok’s future after the court denied parent company ByteDance’s argument that a ban on the app infringes on users’ free speech. That’s because…
The Supreme Court’s decision to uphold the looming TikTok ban may have corporate consequences far beyond the app’s parent company, impacting American tech giants and the broader U.S. stock market. With Donald Trump returning to the White House the day after the ban is set to take effect, it remains to be seen if and…
A trio of Chinese national con artists pleaded guilty to running an elaborate conspiracy that involved scamming money from elderly and lonely Americans to buy Apple products to sell in East Asia, Department of Justice officials announced. The three – Naxin Wu, 26; Mengying Jiang, 34; and Mingdong Chen, 28 – used stolen gift cards…
With less than one month until TikTok could be banned in the United States, a billionaire is tossing his hat into the ring as a potential buyer. Frank McCourt, founder of Project Liberty and executive chairman of McCourt Global, announced last week that he is building a group of associates to purchase TikTok in order…