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No matter what TikTok says in its laudatory pop-up messages, President-elect Donald Trump cannot simply declare an extension of the TikTok ban deadline and protect American companies that support it from billions of dollars in fines.
Trump seems to want TikTok available for his inauguration on Monday, because “Americans deserve” to see the event. But TikTok is officially banned starting today until it sells to a non-Chinese company, and there’s no deal in sight. Flouting that ban could get Apple and Google’s app stores, as well as service providers Akamai and Oracle, dinged for potentially $850 billion in penalties. Despite all this, Trump has reportedly assured companies they won’t face these fines if they let TikTok keep operating. Now, the question is simple: will Trump-friendly companies risk breaking the law to make the president happy?
TikTok’s status has been uncertain since last night. President Joe Biden said he wouldn’t enforce the law on the last day of his presidency, but TikTok declared it would go dark anyway. App stores removed it in accordance with the law. Then, Trump promised he’d extend the deadline, telling companies they wouldn’t face penalties — and TikTok…
Read the full story at The Verge.