TikTok Thinks Even A Temporary Ban Would Cripple Its Entire Business Within Months

that President Trump had approved, but it’s unclear whether all the sides involved in the deal are on the same page and whether the Chinese government would sign off on it. It faces a pressing deadline: Starting on Sunday, a Trump-issued executive order will ban new downloads of TikTok, though the app will still be able to operate. TikTok asked a U.S. judge for an injunction on Wednesday, hoping to stave off that fate. Another executive order would entirely turn off TikTok’s U.S.

TikTok says it has 100 million monthly active users in America, and based on how other social media networks work, probably at least half of those people use TikTok each day. The company hasn’t released comparable figures about worldwide usage.TikTok has experienced exceptionally rapid growth. In August 2018, it had 14.6 million monthly active users in the U.S. By February 2019, it had 26.7 million and by last October, roughly 40 million.

TikTok says it had 54.8 million “global active users” in January 2018, a figure that had ballooned to 689.2 million in July 2020. day. TikTok revenue dropped $10 million last month as advertisers pulled back on spending amid questions about the app’s future.

Source: News Formal (newsformal.com)

abebrown716 Good

abebrown716 What will happen if this expropriation were done by NicolasMaduro? This it so communist

abebrown716 Nice

abebrown716 Why is realDonaldTrump and gop okay with Smithfield being owned by Chinese but not TikTok? They don’t have security concerns over food?

abebrown716 So sell to American companies by force and everyone stops using it and protest. American companies lose loads of money. Makes sense. realDonaldTrump is a true communist. He wants to control private companies and put his friends and supporters in charge.

abebrown716 Trump is good at crippling businesses

abebrown716 🤔🤔

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