With a possible ban looming for the popular short-form video app, these stocks are set to gain as companies look to capture TikTok users' screen time.
Mr Trump suggested that the US should be a half owner of TikTok’s US business in return for keeping the app alive. Read more at straitstimes.com.
While users who already downloaded the app can access it, TikTok isn’t available for download in the Apple App Store or the Google Play Store. Despite the order, companies like
Trump said the government should be a half owner of TikTok's U.S. business in return for keeping the app alive, and threatened China with tariffs if it failed to approve a deal.
The case hinges on whether TikTok can convince Justices that such a mandate violates the First Amendment by forcing a foreign-controlled app to sell or shut down. As of Friday, they have not — and the Court has compelled Tik-Tok to be sold or shuttered this weekend.
TikTok may shutter its app in the United States on January 19th. Analyst reveals 7 US companies that will benefit from its shutdown.
Meta Platforms stock has had a good start to the year, rising more than 5%, and momentum is looking strong.It could get even better. The social media company is an artificial-intelligence top pick, according to analysts at Jefferies,
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta could rake in up to $3.38B.
Trump proposed on Truth Social over the weekend that the United States and TikTok’s parent, ByteDance Ltd., form a “joint venture” to keep the app operating. “I would like the United States to have a 50 per cent ownership position in a joint venture,” he wrote. “By doing this, we save TikTok, keep it in good hands and allow it to say up.”
VCG. US President Donald Trump on Monday signed an executive order to delay the TikTok ban by 75 days "to permit my Administration an opportunity to determine the ap
WASHINGTON: TikTok and its Chinese parent company ByteDance's lawyer warned during Supreme Court arguments over a law that would result in its ban in the United States or would compel the sale
Trump has promised to sign an executive order granting the app more time to find a new owner. Read more at straitstimes.com.