TikTok, known for its viral trends and large user base, has been effectively banned in the U.S. following a Supreme Court ruling. The app had become a cultural force, influencing industries like publishing, music, food and fashion, and driving real-world trends. The ban follows years of scrutiny and attempts by U.S. officials to address concerns…
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…
One of the most popular social media apps in the country will disappear from U.S. app stores this weekend. And TikTok says it’s ready to pull the plug after the Supreme Court upheld the law banning the app unless its Chinese parent company, ByteDance, sells its U.S. operations. Here’s what to know, including why the ban is…
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…
President-elect Donald Trump said Friday morning that he discussed TikTok in a call with Chinese President Xi Jinping hours before the U.S. Supreme Court upheld a controversial ban on the popular video app. TikTok must divest from its China-based parent company ByteDance or else American users will be cut off from access. Trump has said…
In his inaugural address four years ago, President Joe Biden portrayed former President Donald Trump’s tumultuous tenure as an aberration and his own election as a return to political norms. “Much to repair. Much to restore. Much to heal,” Biden had declared in 2021, sun splashing on his face as he stood on the West…
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…
The future of TikTok, the social media app, rests with the Supreme Court after the federal appeals court denied the company’s petition to pause and review legislation that would ban the platform in the United States. The saga began when President Joe Biden signed a bill this spring, the Protecting Americans from Foreign Advisory Controlled…