TikTok briefly shut down on Jan 19 due to national security concerns, with a mandate for Bytedance, the parent firm of TikTok, to sever ties.
After President-elect Donald Trump promised to delay a federal ban once he took office on Jan 20, TikTok restored its services in the US by the afternoon of Jan 19.
The app had briefly shut down due to national security concerns.
TikTok’s Chinese parent company, Bytedance, was also ordered to cut ties with the US operations but could get a 90-day extension if a sale was underway.
Donald Trump, who will take the oath of office as US president on Jan 20, said that he wanted to give the business more time to "make a deal" in order to abide by a federal rule.
The app's value may reach "hundreds of billions of dollars—maybe trillions," according to the Republican, who said that he "would like the United States to have a 50% ownership position in a joint venture."
"By doing this, we save TikTok and keep it in good hands," Trump said on his Truth Social account.
Earlier in his first term, Trump had supported a ban on TikTok. Following his rulings prohibiting transactions with Bytedance and WeChat, the courts stopped them.
The short video-sharing app, however, is thought to have changed Trump's position after it greatly improved his chances of winning over young voters during his White House campaign.
In a statement, TikTok said it "is in the process of restoring service" in response to Trump's remarks.
"We thank President Trump for providing the necessary clarity and assurance to our service providers that they will face no penalties for providing TikTok to over 170 million Americans," the company said.
Users could not access the software on the Google Play and Apple app stores in spite of the notification.
The US Supreme Court unanimously upheld the ban on Jan 17, and it went into effect the day before Trump's comeback; thus Trump's pledge was also uncertain in terms of how it would be implemented.
The National Sample Survey (NSS) is making headlines for commemorating 75 years
The India Energy Stack (IES), a Digital Public Infrastructure intended to transform India's power industry being developed by a task force established by the Ministry of Power
Hong Kong International Convention (HKC) for the safe and ecologically responsible recycling of ships went into force
Meta: India’s Start-up Ecosystem Experienced Remarkable Expansion
India-US Trade Agreement Set to Conclude Soon
Bringing Education to Life means transcending traditional classrooms through technology and real-world impact
Twelve years of terror: How a Kolkata law college rapist was shielded by silence and power
‘Sardaar Ji 3’ goes houseful in Pakistan, banned in India: Diljit’s film sets new box office record across the border
Ayush Shetty storms to US Open title, silences Brian Yang with blistering powerplay
Trail of deceit: How ₹6 crore vanished from a Gurugram woman’s account in minutes
The National Sample Survey (NSS) is making headlines for commemorating 75 years
The India Energy Stack (IES), a Digital Public Infrastructure intended to transform India's power industry being developed by a task force established by the Ministry of Power
Hong Kong International Convention (HKC) for the safe and ecologically responsible recycling of ships went into force
Meta: India’s Start-up Ecosystem Experienced Remarkable Expansion
India-US Trade Agreement Set to Conclude Soon
Bringing Education to Life means transcending traditional classrooms through technology and real-world impact
Twelve years of terror: How a Kolkata law college rapist was shielded by silence and power
‘Sardaar Ji 3’ goes houseful in Pakistan, banned in India: Diljit’s film sets new box office record across the border
Ayush Shetty storms to US Open title, silences Brian Yang with blistering powerplay
Trail of deceit: How ₹6 crore vanished from a Gurugram woman’s account in minutes
Copyright© educationpost.in 2024 All Rights Reserved.
Designed and Developed by @Pyndertech