TikTok

The U.S. Supreme Court has upheld a ruling that TikTok will be banned in the country unless parent company ByteDance sells off the American portion of the business. What Happened: In a unanimous decision, the Supreme Court issued its ruling that TikTok is set to be banned on Jan. 19, ending access...

President-elect Donald Trump on Friday engaged in his first conversation with China’s President Xi Jinping since his departure from the White House in 2021. This interaction comes just days before a senior Chinese official is scheduled to visit Washington. What Happened: According to a...

Duolingo Inc (NASDAQ:DUOL) just delivered another masterclass in keeping learners hooked, and Wall Street is taking notes. Shares surged as much as 7% on Thursday, and JPMorgan's Bryan M. Smilek sees plenty of upside, reiterating an Overweight rating and a $400 price target. Enter Lily: Video Calls...

On Thursday, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, called for a ban on ByteDance-owned TikTok, citing national security risks. What Happened: Taking to X, the wealth manager did not mince words, alleging that the app is being used by the Chinese government as a tool...

The Biden administration has decided not to enforce the impending TikTok ban, leaving the decision to the incoming Donald Trump administration. What Happened: Despite the ban set to take effect on Sunday, the Biden administration will not force TikTok to shut down for U.S. users. However, the...

TikTok CEO Shou Chew is reportedly set to attend President-elect Donald Trump’s inauguration, joining other tech leaders like Elon Musk, Mark Zuckerberg, and Jeff Bezos. What Happened: The Trump Vance Inaugural Committee extended an invitation to TikTok’s CEO, reported the New York...

Tesla Inc. (NASDAQ:TSLA) shares dropped 3.6% on Thursday, underperforming the Nasdaq’s 0.9% decline, as investors weighed speculation regarding CEO Elon Musk‘s potential acquisition of TikTok‘s U.S. operations ahead of the platform’s upcoming ban deadline this Sunday. What...

NBA team owner Mark Cuban says a pending TikTok ban could impact the lives of content creators, but will likely have a minimal impact on the NBA and other sports leagues. What Happened: Cuban, who is a part owner of the NBA's Dallas Mavericks, was recently asked if the TikTok ban could be bad for...

Meta Platforms Inc (NASDAQ:META) and Snap Inc (NYSE:SNAP) shares are trading lower Thursday following a report suggesting President-elect Donald Trump is considering an executive order to save TikTok from being banned in the U.S. What Happened: According to the Washington Post, Trump has been...

Tesla Inc. (NASDAQ:TSLA) investor Gary Black has expressed concerns about Elon Musk acquiring TikTok's U.S. operations. What Happened: Following the report about Chinese officials considering Musk as a potential buyer of TikTok, Black took to X, formerly Twitter, and said, "A purchase of TikTok...

President-elect Donald Trump is considering issuing an executive order aimed at rescuing TikTok from being banned from U.S. app stores in four days.  What To Know: According to the Washington Post, sources familiar with the matter said Trump is brainstorming strategies to save TikTok from the...

As the weekend approaches, TikTok is on the verge of being banned in the United States unless the Supreme Court steps in to halt the process. What Happened: The potential ban of TikTok on Sunday could impact the app’s nearly 17,000 employees in the U.S., sparking a wave of uncertainty. In...

Jimmy Donaldson, popularly known as MrBeast, is in talks with several billionaires about potentially acquiring TikTok to prevent its shutdown in the U.S. What Happened: On Tuesday, the renowned YouTuber took to X, formerly Twitter, and said that he intends to buy TikTok so it doesn't get banned in...

Chinese officials are considering Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk as a potential buyer for TikTok’s U.S. operations, as the social media platform faces a Jan. 19 deadline to divest or shut down. What Happened: The discussions, though preliminary, envision a potential scenario where...

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...