Apple and Google face $850 billion liability from TikTok ban
TikTok was banned in the United States on January 19, only to be reinstated 13 hours later by an executive order from President Donald Trump. He postponed the divestment deadline to April 5, but as the date approaches and the situation has not been resolved, companies like Apple, Google, and Oracle are facing potential multi-billion-dollar liabilities. That was highlighted by three US senators, who noted that ignoring the requirements of the law is not sustainable in the long term. A letter to President Trump, signed by Edward J. Markey (D-MA), Chris Van Hollen (D-PA), and Cory...
TikTok was banned in the United States on January 19, only to be reinstated 13 hours later by an executive order from President Donald Trump. He postponed the divestment deadline to April 5, but as the date approaches and the situation has not been resolved, companies like Apple, Google, and Oracle are facing potential multi-billion-dollar liabilities. That was highlighted by three US senators, who noted that ignoring the requirements of the law is not sustainable in the long term. A letter to President Trump, signed by Edward J. Markey (D-MA), Chris Van Hollen (D-PA), and Cory...
