• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

TikTok preparing for U.S. shut-off on Sunday, The Information reports

by January 15, 2025
written by January 15, 2025

(Reuters) -TikTok plans to shut off its app for U.S. users on Sunday, when a federal ban on the social media app could come into effect, The Information reported on Tuesday, unless the Supreme Court moves to block it.

If TikTok shuts off for all U.S. users, the outcome would be different from that mandated by the law. The law would mandate a ban only on new TikTok downloads on Apple (NASDAQ:AAPL) or Google (NASDAQ:GOOGL) app stores while existing users could still continue using the app for some time.

Under TikTok’s plan, people attempting to open the app will see a pop-up message directing them to a website with information about the ban, the report said, citing people familiar with the matter.

TikTok also plans to give users the option to download all their data so that they can take a record of their personal information with them, the report said.

TikTok and its Chinese parent ByteDance didn’t immediately respond to Reuters’ request for comments.

President Joe Biden had in April last year signed a law requiring Bytedance to sell its U.S. assets by Jan. 19, 2025 or face a nationwide ban.

The companies have sought, at the very least, a delay in implementation of the law, which they say violates the U.S. Constitution’s First Amendment protection against government abridgment of free speech.

TikTok said in a court filing last month that it estimates one-third of the 170 million Americans using its app would stop accessing the platform if the ban lasts a month.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Nippon Steel wants to work with Trump on US Steel, VC Mori says in WSJ OpEd
next post
Australia stocks lower at close of trade; S&P/ASX 200 down 0.22%

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

      May 15, 2025
    • YouTube will stream NFL Week 1 game in Brazil for free

      May 15, 2025
    • 5 new Uber features you should know — including a way to avoid surge pricing

      May 15, 2025
    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

      May 14, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (462)
    • Stock (6,426)

    Latest News

    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion
    • YouTube will stream NFL Week 1 game in Brazil for free

    Popular News

    • US lawmakers seek to halt weapons sales to UAE, citing Sudan
    • Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy