The Supreme Court has unanimously voted to uphold President Joe Biden’s law barring TikTok from users in the United States after the Chinese parent company refused to sell the platform.
Read More SCOTUS Unanimously Upholds TikTok Ban, Enforcement Left Up To Incoming Trump Administration
The Supreme Court refused to rescue TikTok from a law that required the popular short-video app to be sold by ByteDance or banned on Sunday in the US.
Read More US Supreme Court upholds law banning TikTok
TikTok plans to shut down its application for all United States users on Sunday, unless the Supreme Court intervenes by moving to block it.
Read More Sources: TikTok Is Preparing For U.S. Shutdown On Sunday
TikTok plans to shut its app for U.S. users from Sunday, when a federal ban on the social media app could come into effect.
Read More TikTok prepares for US shutdown from Sunday, sources say
Stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week.
Read More S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
Apple has abused its dominant position by charging app developers 30% commission through its App Store.
Read More Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants