People are also trading
@JakeJowita Will all the current No* resolve the same? If not could you give us an example scenario in which not? Thanks.
TikTok has faced scrutiny from governments in recent years. For instance in 2020 the Indian government banned TikTok and other Chinese apps due to concerns about security. Similarly Pakistan implemented a ban on TikTok in 2020. It was lifted after 10 days. In the United States the Trump administration tried to ban TikTok year citing security concerns; however a federal judge blocked the ban. Nevertheless under the Biden administrations eye investigations into TikToks data privacy practices and potential national security risks continue. Despite these challenges TikTok has seen growth in popularity. Is now one of the most widely downloaded apps worldwide. Therefore while there are uncertainties, about what lies for TikTok it remains difficult to predict whether or not the app will face a ban by the end of 2023.
https://www.zdnet.com/article/tiktok-is-ending-reviled-creator-fund-says-replacement-offers-bigger-income/
With 94+ million US consumers and creators on TikTok, and brands now using it as a major part of their customer acquisition strategy, many are keeping a close eye on this conversation.
In 2022, brands spent more than $5 billion on ads alone on TikTok. That’s not even counting the influencer marketing investments on TikTok. July 2020: Rumors swirl that the United States may ban TikTok due to Washington's concerns that the Chinese government could have control over an app that so many Americans use. Meanwhile, TikTok positions itself to be sold back to an American company. They instate an American CEO (former chairman of Disney), ensuring that its data centers are not in China and separated TikTok’s American operations from its parent company. This wasn't difficult since TikTok was originally an American company named Musical.ly, purchased by ByteDance in 2017.