Bengaluru: IT raids more than 50 locations including Home, office of BSY’s close aide
Bengaluru: Income Tax department officials conducted raids in the early hours of Thursday in more than 50 locations of the city, including the home and office of former chief minister BS Yeddyurappa's aide Umesh.
Homes of entrepreneurs and contractors, the Chartered Accountant’s offices were raided and searched by more than 300 Income Tax Department officials.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
TikTok restores service in the U.S. after Trump pledges to pause federal ban
TikTok resumed operations for its U.S. users on Sunday afternoon following assurances from President-elect Donald Trump to temporarily halt a federal ban on the app after his inauguration on January 20.
The app had faced a brief shutdown earlier in the day over “national security concerns,” with a federal order mandating its China-based parent company, Bytedance, to sever ties with its U.S. operations. However, the order allows a 90-day extension if a viable sale is in progress.
Trump, set to assume office in January, expressed a willingness to grant TikTok more time to comply with federal requirements. He suggested a joint venture in which the U.S. holds a 50% ownership stake, asserting that the app’s valuation could soar to "hundreds of billions or even trillions" of dollars.
“By doing this, we save TikTok and keep it in good hands,” Trump stated on Truth Social, his social media platform.
During his previous presidency, Trump had supported a ban on TikTok, citing security risks. His executive orders targeting Bytedance and WeChat were subsequently blocked by courts. However, Trump’s position on the app shifted during his recent campaign, as TikTok significantly boosted his popularity among younger voters.
Despite the announcement, the app remained unavailable on Google Play and Apple app stores. Uncertainty lingered as the U.S. Supreme Court had unanimously upheld the ban on Friday, enforcing it the day before Trump’s return to office
TikTok issued a statement confirming it was restoring service, thanking Trump for “necessary clarity and assurance” to its service providers. The app’s message to users declared, “TikTok is back in the U.S.!”
