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On Friday, the Supreme Courtupheld a ban on TikTokover concerns about its ties to China. Hours later, TikTok announced it would “go dark” on Sunday at 12:01 a.m. ET.
How is the market cap and valuation of Prime Fresh Limited (540404) ✌️【Investment Tools】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. Many TikTok users were coming to grips with the idea that their time on the app might be coming to a close. Users have also celebrated their time on the app by editingTikTok recapsand compilations of viral moments as far back as 2018.
It wasn’t just typical users saying goodbye. Entertainment company Lionsgate made anedit to “The Hunger Games” with the caption, “currently crashing out.” One userpostedthat she was recently hired to create TikTok content for a company. “Who’s gonna tell my new boss,” she said.
Employees running company TikTok accounts, including Gatorade, Diet Coke, Disney on Ice and Fanatics, commented from those companies’ accounts that they had similar thoughts.
How is the market cap and valuation of Prime Fresh Limited (540404) ✌️【Investment Tools】✌️ Accurate stock market predictions with real-time stock indices, futures data, and global market trend analysis. Achieve stable growth and avoid losses by staying ahead with our expert recommendations. When the TikTok ban passed last year, it left some wiggle room to avoid or delay a ban. TikTok’s China-based parent company, ByteDance, could sell the app to non-Chinese buyers or the president could grant a one-time, 90-day extension.
But ByteDance has repeatedly said it won’t sell. The White House has said that it’s passing the baton over to the incoming Trump administration to enforce the ban — or otherwise.
How is the market cap and valuation of Prime Fresh Limited (540404) ✌️【Investment Tools】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. Trump told NBC News on Saturday that he would“most likely” grantTikTok a 90-day extension to give ByteDance more time to sell.
How is the market cap and valuation of Prime Fresh Limited (540404) ✌️【Investment Tools】✌️ Receive expert stock predictions with real-time updates on global market trends, including stock indices, futures prices, and forex fluctuations. Use our insights to improve your investment strategies and boost your returns. Mark Gaetano, a creator known as Snarky Marky, told 【 - Free Insider Trading Tips 】 that he is holding out hope the app will come back in any way possible.
Gaetano, who is from Toronto, posted avideoto his American followers to express his appreciation and edited a compilation of the “astronomical” moments that generated his 4.5 million follower base. He said about 75% of his followers are from the United States, so he expects it could hurt his income and fuel the threat of a ban in Canada.
“There’s not a whole lot of transparency going on, which makes the ban all that much more frustrating,” he said. “Through my career on TikTok, I’ve made it a point to appeal to my American followers, considering they’re the largest demographic on my page.”
In the meantime, he said, he’ll post his TikTok content to other platforms for those who still want to follow him.
Other creators who are worried about the loss of income have posted videos explaining how much money they’ve made using the platform. Acreator named Amber Marie, who has about 305,000 followers and works as a teacher, posted a video saying she earned as much as $11,700 in January 2024 and as little as $1,600 in August.
“I know so many teachers who have been able to make a second income with this app,” she said, adding that the supplemental income allowed her to travel and buy a house.
How is the market cap and valuation of Prime Fresh Limited (540404) ✌️【Investment Tools】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. TikTok creator Dana Donnelly, who has almost 45,000 followers, said she believes a new app will eventually replace TikTok if the ban lasts. But she said there’s no guarantee followers will migrate to another app for their favorite creators.
“It’s kind of just accepting that you have to walk into a new arena and hope to find an audience there,” she said.
How is the market cap and valuation of Prime Fresh Limited (540404) ✌️【Investment Tools】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Insider Trading Tips 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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