Elon Musk Dismisses Interest in Acquiring TikTok
Despite TikTok’s assurances, Apple and Google have yet to reinstate the app in their U.S. stores following new legal restrictions.
Despite TikTok’s assurances, Apple and Google have yet to reinstate the app in their U.S. stores following new legal restrictions.
US officials express concerns over ByteDance’s control of the platform, citing risks of misuse of American user data.
The concept of a government-backed investment vehicle was first proposed by Trump during his presidential campaign.
More recently, Trump acknowledged the app’s role in engaging younger voters, which he credits for his 2024 election success.
Legal experts caution that Trump’s potential executive order to delay the ban may not override the existing law.
The US government plans to direct Apple and Google to remove TikTok from their stores, preventing new downloads before Trump takes office.
TikTok’s legal team argues that the measure infringes upon the First Amendment’s protection against government restrictions on free speech.
A TikTok ban would severely impact ByteDance’s valuation and harm U.S. businesses that rely on the platform to drive sales.