TikTok Ban

A TikTok ban in the United States is approaching, as the Supreme Court signals support for enforcing a Jan. 19 deadline. Here's a look at what happens to your app if the ban goes through, what could happen next, and what companies stand to benefit. TikTok Ban Nears: The Supreme Court recently heard...

Billionaire Elon Musk became the first person in the world to have a wealth of more than $400 billion, an accomplishment that came following the 2024 presidential election. Musk wasn't the only billionaire to see their wealth grow dramatically in 2024. Here's a look at the top 10 richest people in...

The clock is ticking for TikTok as the Supreme Court of the United States or SCOTUS prepares to hear arguments that could determine the future of the app in America. With the Jan. 19 deadline fast approaching, a potential nationwide could impact the app used by over 170 million users. Here’s...

President-elect Donald Trump tried to ban TikTok during his first presidential term but is now open to keeping the social media app around ahead of a pending January ban. What Happened: Similar to a reversal of opinion on cryptocurrency, Trump has had a change of heart about banning TikTok from the...

ByteDance, the company behind TikTok, has introduced a powerful web scraper named “Bytespider.” Launched in April, Bytespider is recognized as one of the most aggressive data collectors online, outpacing other major tech firms significantly in terms of data collection speed. What...

ByeDance-owned TikTok, the widely-used social media platform for creating and sharing short-form videos, has encountered a doubtful panel of judges. What Happened: TikTok and a group of creators are contesting a law, often referred to as “the TikTok ban,” in front of a three-judge panel...

Mike Gallagher, former Congressman and current Head of Defense at Palantir, has expressed concerns over politicians using TikTok, citing national security risks. What Happened: Gallagher criticized both Harris and Trump for their use of the popular social media platform TikTok during CNBC’s...

The Chinese-owned social media platform TikTok has become increasingly popular among U.S. citizens in recent years. After a recently signed U.S. law requiring parent company ByteDance Ltd. to divest U.S. operations or face a ban, speculation abounded regarding a potential American buyer. Could...

In an attempt to circumvent the Joe Biden-led administration’s intensified restrictions on Chinese companies operating in the U.S., Chinese corporations are rebranding and setting up U.S.-based businesses. What Happened: Chinese firms are establishing U.S.-domiciled businesses in response to...

ByteDance Ltd.'s TikTok is reportedly planning to lay off a significant number of employees from its operations, content, and marketing departments as it battles President Joe Biden‘s new law forcing it to either divest or be banned. What Happened: The layoffs are expected to be announced on...

A group of TikTok creators has filed a lawsuit against the U.S. government, contesting a law signed by President Joe Biden that mandates the divestment of the popular video-sharing app or a complete ban. What Happened: The lawsuit, filed on Tuesday in a U.S. federal court, is a response to the law...

TikTok has filed a lawsuit against the US government, refusing to comply with the new law that requires the sale of its popular video-sharing app. The company has made it clear that it will not be able to sell its algorithm, which is the primary concern of the US government. What Happened: TikTok...

European Commission president Ursula von der Leyen has suggested that a ban on TikTok in the EU is a possibility. What Happened: Von der Leyen made the statement during a debate in Maastricht on Monday, where the lead candidates for the 2024 EU election were discussing...

Tech billionaire and X owner Elon Musk reiterated his belief that the TikTok ban could give the U.S. government the power to ban any app they want to. What Happened: Musk expressed his concerns about the potential ban of TikTok in the U.S. and its implications for national security. He agreed that...

Omeed Malik, founder and CEO of Farvahar Partners, recently voiced his concerns over the TikTok crackdown bill signed by President Joe Biden, expressing distrust in the bill and its implementation. What Happened: During CNBC’s “Last Call” on Wednesday, Malik stated, "I really have...