A TikTok ban Sunday would implicate tech giants like Google, Apple and Oracle, who risk enormous fines if they keep the app operational.
The Supreme Court upheld a law banning TikTok in the US over national security concerns unless its Chinese parent ByteDance sells it. Without immediate assurances from the Biden administration, the app will go dark on January 19.
In letters to Amazon, Apple, Google, Meta, Microsoft, OpenAI, and Uber, the lawmakers express concerns about the companies making contributions to “avoid scrutiny, limit regulation, and buy favor.” These sizable donations surpass the amount most of these companies contributed to President Joe Biden’s inauguration fund in 2021.
Now the Republican president-elect, who will assume his second term in the White House on Monday, is seeking to protect TikTok from a new law that gives TikTok parent ByteDance until Sunday to sell the app to an American buyer or be banned in the US President Joe Biden,
Amidst TikTok's uncertain fate in the U.S., President-elect Donald Trump seeks to prevent a ban on the social media app by utilizing legal loopholes and national security authority. Meanwhile, outgoing President Joe Biden considers extending the deadline for ByteDance to negotiate a sale,
With President-elect Trump adding uncertainty around whether a TikTok ban will go into effect, the focus is now turning to companies like Google and Apple.
Some U.S. lawmakers are advocating for an extension on the deadline for TikTok's Beijing parent company to sell U.S. assets before a ban takes effect.
Apple CEO Tim Cook, who built rapport with Trump during his first four years in office, is donating $1 million to his inauguration, Axios reported this past Friday.
President Biden is warning that an "oligarchy" of the "ultra-wealthy" is taking shape in America as big tech CEOS have been warming up to President-elect Trump.
TikTok said the app will have to “go dark” in the United States on Sunday barring a last-minute intervention from the Biden administration to halt enforcement of a federal ban.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
WASHINGTON (Reuters) -The Supreme Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese parent company ByteDance does not sell it, putting the popular short-video app on track to go dark in just two days.