World

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

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 or Google 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.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

The size and speed of tariff pass through into consumer prices

The 2025-26 US tariffs have renewed the question of how much of a tariff reaches…

3 minutes ago

Ratings, debt, and deficits: An exploration

What matters more for sovereign credit ratings – today’s debt or tomorrow’s deficits? This column…

7 minutes ago

Ideas and firm dynamics when it takes two to tango

Innovation has increasingly become a team activity, while inventors have become more concentrated in large…

10 minutes ago

Fiscal populism and monetary policy rules

Populism may not only have contemporary but also long-term effects on the macroeconomy. Using data…

13 minutes ago

Your debt, my inflation: The role of trust in the ECB

High public debt in several euro-area countries has renewed the debate over a central question:…

17 minutes ago

Financing the AI buildout before the risks go off balance sheet

The AI boom is usually discussed as a contest over models, chips, and productivity. This…

20 minutes ago