• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

TikTok Returns: Trump Aids in Restoring the Platform Post-U.S. Ban

user avatar

by Giorgi Kostiuk

a year ago

TikTok began restoring access for U.S. users following Donald Trump's intervention amid the recent ban of the app in the U.S.

Restoration of TikTok Service

Some TikTok users in the U.S. have started regaining access to the platform after the temporary shutdown. Trump announced his intention to revive TikTok's access in the country starting on Monday.

Reasons Behind the Ban

TikTok was shut down following the enactment of a law banning the app due to national security concerns. Previously, TikTok fought against a bill signed by Biden that required ByteDance to divest its U.S. operations by January 19 or face a complete ban.

Market and User Reactions

Uncertainty about TikTok's future led users to seek alternative platforms, with Meta and Snap seeing stock increases due to potential user influxes. VPN searches spiked following the app's shutdown, and there were concerns about purchases through TikTok Shop.

Trump's involvement in TikTok's situation underscores how contentious tech restrictions can be, especially considering the economic and political influence of social media.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

BNB Price Pattern Indicates Stability as Market Awaits Major Events

chest

The BNB price pattern indicates stability, trading between 9.40 and 9.50, as market participants await significant events that could influence price movement.

user avatarKaterina Papadopoulou

Micron Signs $18 Billion Deal to Acquire Powerchip's P5 Fabrication Site

chest

Micron has signed a letter of intent to purchase Powerchip Semiconductor's P5 fabrication site in Taiwan for $18 billion, aiming to increase DRAM production amid tight global memory supply.

user avatarMaya Lundqvist

Trust Wallet Issues Alert After $7 Million Theft from Browser Extension

chest

Trust Wallet has issued a security warning about a breach compromising $7 million in assets due to a vulnerability in its browser extension.

user avatarLeo van der Veen

Popular Crypto Sportsbooks for Horse Racing Betting

chest

An overview of various crypto sportsbooks catering to horse racing bettors highlights their features and suitability.

user avatarAisha Farooq

Global Popularity of Horse Racing and Its Betting Ecosystem

chest

Horse racing is a global sport with significant betting volumes, particularly in the UK, US, Australia, Japan, and Hong Kong.

user avatarTenzin Dorje

Influential Racehorses and Their Impact on Betting Behavior

chest

Certain legendary racehorses have transformed betting behaviors and market dynamics in horse racing.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.