Deal maker, not disruptor: What Trump's TikTok stance reveals
Donald Trump on TikTok, the social media app owned by Chinese company ByteDance, can give clues to his foreign policy which at this stage is propped up by threats of high tariffs against other countries.
Budget with ET
Before Budget, Raghuram Rajan is worried about the big Indian middle class
How cities can drive India's sustainable urban development goal forward
Budget 2025 needs to help global electronic makers plan life outside China
The fate of TikTok hangs in balance in the US. TikTok plans to shut US operations of its social media app used by 170 million Americans on Sunday, when a federal ban is set to take effect. «TikTok should remain available to Americans, but simply under American ownership or other ownership that addresses the national security concerns identified by Congress in developing this law,» the White House said in a statement. «Given the sheer fact of timing, this Administration recognizes that actions to implement the law simply must fall to the next Administration, which takes office on Monday.»
The potential shutdown would impact all US users, differing from the mandate of the law, which would only prohibit new TikTok downloads on Apple and Google app stores while allowing existing users to continue using the app for some time. Reportedly, users attempting to open the app will be greeted with a pop-up message directing them to a website containing information about the ban. Additionally, TikTok plans to provide users with the option to download their personal data, allowing them to keep a record of their information. TikTok's proactive approach aims to address the federal ban concerns and ensure users are informed about the potential shutdown.
