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Published on: 2025-04-25 21:49:12 Published on: 2025-04-25 21:49:12

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what is the short term outlook for uti asset management co private ltd (ufdmipirii) ✌️【Investment Tools】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Late Saturday night,TikTok became unusablefor Americans, who were met with a message saying the app was offline and asking users to “stay tuned.”

“A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can’t use TikTok for now,”the message read in part. The app was also unavailable on the Apple and Google Play stores, along with Lemon8 and CapCut, which are also owned by TikTok’s parent company, ByteDance.

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But while the super-popular video app has gone dark, the decision to turn off TikTok may not be final.

President-elect Donald Trump toldNBC Newson Saturday he will “most likely” delay the ban on TikTok for 90 days after he takes office on Monday. And Trump said the announcement could come on his first day in office.

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“We are fortunate that President Trump has indicated that he will work with us on a solution to reinstate TikTok once he takes office,” the company posted in its pop-up message. “Please stay tuned!”

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“I have a warm spot in my heart for TikTok,” Trump said, then claiming to have won the youth vote by a significant margin. “And there are those that say that TikTok had something to do with it.”

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what is the short term outlook for uti asset management co private ltd (ufdmipirii) ✌️【Investment Tools】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. With an executive order, Trump could delay enforcement of the ban for 90 days to give TikTok parent company ByteDance more time to find an American owner. That could be welcome news to TikTok’s technology partners, including Oracle, which hosts TikTok’s content in the United States, and Apple and Google, which host the app on their app stores. Under the law, those companies could face penalties of up to $5,000 per person who has access to TikTok once the ban is in place starting Sunday.

what is the short term outlook for uti asset management co private ltd (ufdmipirii) ✌️【Investment Tools】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. The app going dark marks the realization of a yearslong effort to block US access to TikTok over national security concerns related to its China-based owner ByteDance. Outgoing President Joe Biden signeda law last Aprilthat gave ByteDance 270 days to sell TikTok to an owner from the United States or one of its allies or face a ban.

what is the short term outlook for uti asset management co private ltd (ufdmipirii) ✌️【Investment Tools】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. So even if Trump pledges to reverse the ban, he can’t simply undo a law passed by Congress and signed by a president with an executive order. Trump could pledge not to enforce the ban, but that means the Oracles, Apples and Googles of the world will be taking on an enormous risk — they’ll still be breaking the law, even if they are given guarantees that they won’t be punished for it.

what is the short term outlook for uti asset management co private ltd (ufdmipirii) ✌️【Investment Tools】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. That’s why TikTok shut down in the first place. Despite the Biden administration all but saying they would defer enforcement to the incoming Trump administration, a person close to TikTok says “multiple critical service providers” indicated to TikTok that they were concerned that the ban might be enforced starting Sunday.

For example,Apple released a statementSunday that cited the ban as its reason for removing TikTok from its app store. It noted the app will remain available for customers who already downloaded it, but it won’t be able to be redownloaded if deleted.

“Apple is obligated to follow the laws in the jurisdictions where it operates,” the company said in its statement. “Pursuant to the Protecting Americans from Foreign Adversary Controlled Applications Act, apps developed by ByteDance Ltd. and its subsidiaries — including TikTok, CapCut, Lemon8, and others — will no longer be available for download or updates on the App Store for users in the United States starting January 19, 2025.”

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ByteDance, however, has long been adamant that it has no intention of selling. TikTok’s near-magical algorithm, keeping users hooked on the app, is its secret power, and putting a price tag on such a valuable commodity, envied by every other social media app, is difficult.

what is the short term outlook for uti asset management co private ltd (ufdmipirii) ✌️【Investment Tools】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. McCourt’s buyer group has said it would buy TikTok’s US assets without the algorithm and rebuild the app, but tech giants like Meta and YouTube have for years worked to replicate TikTok’s popular algorithm without quite succeeding. O’Leary told 【 - Free Stock Selection 】 he met with Trump at Mar-a-Lago earlier this month to discuss the outlook for the app.

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If ByteDance chooses to engage, Trump could perhaps argue that significant progress has been made on a deal — a legal threshold that would legally permit Trump to reverse the ban to allow the sale process to commence.

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