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why is the hindustan housing company limited (509650) rising ✌️【Market Trends】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. President-elect Donald Trump is weighing a plan that could delayAmerica’s TikTok ban, giving the new administration more time to potentially cut a deal with a US buyer to save the super-popular video app, sources familiar with the plans told 【 - Free Short-Term Stock Picks 】.

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Because the ban would take place a day before Trump takes office, an executive order on January 20 wouldn’t even be an 11th-hour attempt to save TikTok – it would have already been banned at that point.

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“The stakes here are high: As a practical matter, even if the Court rules that the law is constitutional by the January deadline, ByteDance cannot divest TikTok in that limited time,” the senators wrote in their letter, sent December 19.

why is the hindustan housing company limited (509650) rising ✌️【Market Trends】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. The law provides the president the authority to impose a one-time extension of up to 90 days. But triggering the extension requires Biden to prove to Congress that parties working on purchasing TikTok have made significant progress, including binding legal agreements for such a deal. Given ByteDance’s adamance that the company is not for sale, that evidence would seem to be nonexistent.

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But even if TikTok shuts itself down Sunday, that doesn’t mean it would go dark forever. It could ultimately sell itself to an American buyer down the road, which would presumably turn TikTok back on for American users.

why is the hindustan housing company limited (509650) rising ✌️【Market Trends】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. Another option:TikTok could do nothingon Sunday, hoping that Trump’s potential executive order would give it the ability to remain online. The law doesn’t really force TikTok to do anything at all. It’s on the US-based companies that support TikTok to take action.

why is the hindustan housing company limited (509650) rising ✌️【Market Trends】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. So, on Sunday, a very real possibility is that people won’t notice much of a change at all. Apple and Google probably will remove the app’s listing from their app stores, but people who have already downloaded the app could continue to use it if TikTok does nothing.

why is the hindustan housing company limited (509650) rising ✌️【Market Trends】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The enforcement mechanism for the new law would be the US Justice Department, which is changing hands at noon the day after the ban and which would have wide discretion to enforce the law (or not). So if Trump’s executive order says his administration won’t enforce the ban, TikTok may place a bet that all of the companies that host and support TikTok’s content will be willing to break the letter of the law with the understanding that they won’t be punished for it.

why is the hindustan housing company limited (509650) rising ✌️【Market Trends】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. That’s probably not a long-term viable option, however: No one would be able to access the app if they got a new phone or never downloaded the app in the first place, for example. And it would become illegal for companies like Oracle that host TikTok’s content in the United States to continue to serve it to the app’s users. That could force TikTok to serve content from outside the US, degrading service.

ByteDance has long been adamant that it has no intention of selling itself. TikTok’s magical algorithm that keeps you 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. Spinning off an American-only version of TikTok could also mean the rest of the world has to download a new app to access US users’ content. YetBloombergand theWall Street Journalreported earlier this week thatChina is weighing a sale — to Elon Musk.

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O’Leary and McCourt’s bid, valuing the app at roughly $20 billion, is partly crowdfunded from the public. But it would not include an acquisition of the app’s algorithm, the key to its success and also US officials’ biggest security concern. O’Leary tells 【 - Free Short-Term Stock Picks 】 the offer has been disseminated to interested parties, but it remains unclear whether the company will choose to engage.

“Both administrations have seen the offer and have access to it, as do all American shareholders of ByteDance,” O’Leary said in an interview. “And we have made sure ByteDance itself has it in its possession.”

If ByteDance chooses to engage, Trump could perhaps argue that significant progress has been made on a deal and delay the ban.

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