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-0.000341583828140599 -0.000341583828140599 -0.000266862365735009 0 -0.000300220161451837 -6.6715591433847E-05 -6.6715591433847E-05 -6.6715591433847E-05
Stock impact report

Trump Asks US Supreme Court To Pause Law Threatening TikTok Ban [Barron's]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Barrons
"In light of the novelty and difficulty of this case, the court should consider staying the statutory deadline to grant more breathing space to address these issues," Trump's legal team wrote, to give him "the opportunity to pursue a political resolution." Trump was fiercely opposed to TikTok during his 2017-21 first term, and tried in vain to ban the video app on national security grounds. The Republican voiced concerns -- echoed by political rivals -- that the Chinese government might tap into US TikTok users' data or manipulate what they see on the platform. US officials had also voiced alarm over the popularity of the video-sharing app with young people, alleging that its parent company is subservient to Beijing and that the app is used to spread propaganda, claims denied by the company and the Chinese government. Trump called for a US company to buy TikTok, with the government sharing in the sale price, and his successor Joe Biden went one stage further -- signing a law Show less Read more
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