President Trump extended TikTok’s U.S. ban deadline to negotiate an American-led ownership deal, but China’s sudden withdrawal over tariff disputes has jeopardized the agreement. Read more at Dynamite News.
TikTok’s mother company, China-based ByteDance, could face a loss of USD 6 Billion following Indian government’s decision to ban 59 Chinese apps including wildly popular TikTok.
ByteDance’s social video app TikTok took over Facebook as the second most downloaded app in 2019 according to Sensor Tower Store Intelligence Data.
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