Dan Ives, Wedbush Securities global head of tech research, joins CNBC's 'The Exchange' to discuss the looming TikTok ban in the U.S.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
TikTok is no longer accessible in the U.S. as of late Saturday night, shortly before a nationwide ban on ByteDance’s popular social media app took effect, though President-elect Donald Trump has suggested he will delay the ban after his return to the White House on Monday.
Citing national security, the Supreme Court rules that TikTok can be banned if its Chinese parent company ByteDance does not sell the app by Sunday.
TikTok told users the app will be "temporarily unavailable" as its Chinese parent company ByteDance pins its hopes on Donald Trump to save it.
TikTok has gone offline in the U.S. just before a federal law banning the Chinese-owned app came into effect on Sunday.The app posted a message at about 10.30 p.m. eastern time on Saturday saying: “Sorry,
The Supreme Court’s ruling represents the end of TikTok’s legal fight for survival. Its faint hopes now rest on a political solution. Donald Trump, who is due to become president on January 20th, the day after TikTok’s banishment,
Several prominent figures have expressed interest in acquiring TikTok, though the terms of any potential purchase remain unclear.
The fate of TikTok will be decided by January 19, 2025. Find out all the details surrounding the approaching deadline.
Elon Musk is being eyed by Chinese authorities as a potential buyer of TikTok. Newsweek's live blog is closed.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
Chinese merchants on TikTok are taking precautionary measures to prepare for a looming ban of the short-video app in the United States, including switching to competing platforms and focusing on other overseas markets.