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TikTok will be banned in the United States on Jan. 19, 2025, after a federal appeals court rejected its bid to overturn the ban that President Biden signed in April. The law states that if TikTok ...
Protecting Americans from Foreign Adversary Controlled Applications Act; Long title: An Act to protect the national security of the United States from the threat posed by foreign adversary controlled applications, such as TikTok and any successor application or service and any other application or service developed or provided by ByteDance Ltd. or an entity under the control of ByteDance Ltd.
TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles. [13] It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).
Nepal banned TikTok due to concerns over its content's impact on society. [4] Home Minister Narayan Kaji highlighted worries about harmful content and youth influence. Despite failed attempts to address these concerns with TikTok directly, the government imposed the ban to protect public interests and promote responsible social media use. [5]
TikTok is already banned in a handful of countries and from government-issued devices in a number of others, due to official worries that the app poses privacy and cybersecurity concerns.
TikTok's creator fund launched at $200 million and is expected to "grow to over $1 billion in the U.S. in the next 3 years, and more than double that globally," TikTok said in a July 2020 blog ...
In March 2024, the United States House of Representatives passed the Protecting Americans from Foreign Adversary Controlled Applications Act, which would effectively ban TikTok unless it is divested from ByteDance within 180 days of the bill becoming a law, with U.S. president Joe Biden agreeing to sign it if the bill passed the U.S. Senate. [110]
TikTok is shutting down its $2 billion Creator Fund, a 2020 initiative designed to help pay eligible users making content on the app, a spokesperson for the platform confirmed Monday.