With TikTok offline, Bay Area experts weigh in on economic impacts of US ban

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With TikTok offline, Bay Area experts weigh in on economic impacts of US ban
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TikTok went dark Saturday night. A social media hub for tens of millions in the United States, there is a wide-reaching impact--not just politically--but economically.

Sunday, January 19, 2025 7:56AMThe clock has run out on TikTok Saturday night. The app went dark for many users in the United States as a ban took effect."Rest assured, we will do everything in our power to ensure our platform thrives as your online home for limitless creativity and discovery, as well as a source of inspiration and joy for years to come. Thank you. More to come," said TikTok CEO Shou Zi Chew.

"A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can't use TikTok for now. We are fortunate that President Trump has indicted that he will work us on a solution to reinstate TikTok once he takes office. Please stay tuned!" Johnson supports the law passed by Congress and upheld by the U.S. Supreme Court that requires TikTok's China-based parent company, ByteDance, to sell to an American buyer or be banned beginning Jan. 19.

"You wouldn't think I've got stock market information and information about technology companies would be found on TikTok, but it is. And it's a big business for me personally. So, this is going to cause a disruption in our U.S. economy," Johnson said.

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