🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

US lawmakers tell Apple, Google to be ready to remove TikTok from app stores Jan. 19

Published 2024-12-13, 11:38 a/m
© Reuters. FILE PHOTO: A 3D printed Tik Tok logo is seen in front of U.S. flag in this illustration taken October 6, 2020. Picture taken October 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
GOOGL
-
AAPL
-

By David Shepardson

WASHINGTON (Reuters) -The chair and top Democrat on a U.S. House of Representatives committee on China told the CEOs of Google-parent Alphabet (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) on Friday they must be ready to remove TikTok from their U.S. app stores on Jan. 19.

Last week, a U.S. federal appeals court upheld a law requiring China-based ByteDance to divest TikTok in the United States or face a ban. Representative John Moolenaar, a Republican and chair of the committee, and the top Democrat on the committee, Representative Raja Krishnamoorthi, separately urged TikTok CEO Shou Zi Chew to sell the short-video app used by 170 million Americans.

"Congress has acted decisively to defend the national security of the United States and protect TikTok’s American users from the Chinese Communist Party. We urge TikTok to immediately execute a qualified divestiture," the lawmakers wrote.

Apple, Alphabet and TikTok did not immediately comment. On Monday, ByteDance and TikTok made an emergency bid to temporarily block the law pending a review by the U.S. Supreme Court.

The DOJ said on Wednesday if the ban takes effect on Jan. 19, it would "not directly prohibit the continued use of TikTok" by Apple or Google users who have already downloaded TikTok. But it conceded the prohibitions on providing support "will eventually be to render the application unworkable."

TikTok said in response on Thursday the law, absent a court order, means TikTok will disappear from mobile app stores on Jan. 19 and "be unavailable to the half of the country that does not already use the app." It warned ending support services will "cripple the platform in the United States and make it totally unusable."

© Reuters. FILE PHOTO: A 3D printed Tik Tok logo is seen in front of U.S. flag in this illustration taken October 6, 2020. Picture taken October 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

ByteDance and TikTok noted President-elect Donald Trump has vowed to prevent a ban on TikTok.

Republican Senator Josh Hawley said in an interview he hopes ByteDance will sell TikTok because the law leaves no wiggle room. "The statute is what the statute is," Hawley said. "The main issue is it's subject to Chinese oversight, Beijing oversight - that's the problem."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.