The impending ban of WeChat via an Executive Order from President Donald Trump was halted by a California judge on Sunday, hours before the app was due to be removed from Apple's App Store and Google Play in the United States.
After a back-and-forth about terms of the deal with the federal government, Oracle and a range of investors are set to take ownership of TikTok's U.S. operations in a deal awaiting approval from President Donald Trump.
TikTok's long-awaited legal challenge against a presidential executive order that would effectively ban the app in the United States has arrived, with the video sharing service suing to "protect our rights, and the rights of our community and employees."
Video sharing platform TikTok is going to take on the presidential executive order in a new legal challenge as early as Monday, a report claims, as the embattled app tries to shake off the impending ban on transactions.
Apple's moves to comply with Chinese laws by taking down apps from the App Store are part of an ongoing effort to maintain a relationship with government officials, but the continuing issues between the US and China in recent years has put Apple into a weaker position — one that endangers the App Store itself.
Chinese chip producers are tempting employees from Apple chip partner TSMC to jump ship, with more than 100 engineers and managers said to have taken the bait of higher wages as rival foundries attempt to shift away from relying on external suppliers.
Analyst Ming-Chi Kuo has warned investors that the Administration's decision to ban US companies from having business relationships with firms including WeChat, may have a significant impact on Apple's sales worldwide.