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.!”
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Three company directors held in Rs 100-crore investment fraud in Kochi
Kochi (Kerala) (PTI): Police on Sunday arrested three directors of a firm accused of cheating hundreds of investors of over Rs 100 crore through a fake investment scheme linked to agricultural tourism here, officials said.
The accused were identified as Muraleedharan, Ashik Murali and Akhil Murali, all natives of Thrissur.
The arrests were made by the Kalamassery police in connection with a fraud involving ATCOS (Agri Tourism Cooperative Society), a firm headquartered at Pathadipalam here.
Police said the company had promised high returns by collecting investments from the public in the agricultural tourism sector, but allegedly cheated hundreds of people and fled with the money.
ATCOS was registered under the Multi-State Cooperative Societies Act and operated 13 branches across various districts in Kerala, besides a branch in Coimbatore in Tamil Nadu, officials said.
When investors failed to receive their promised returns or the invested amount, complaints were filed with the police.
Officials said around 54 cases have been registered against the firm in 32 police stations across the state, including 29 cases at the Kalamassery police station alone.
Following instructions from Kochi City Police Commissioner K S Mahesh Kumar, a special investigation team was formed under the supervision of Deputy Commissioner of Police (Law and Order) Shehensha and Thrikkakara ACP Manoj Kumar.
The team traced the accused to an apartment in Amala Nagar in Thrissur, where they had been hiding after secretly renting the flat, officials said.
The bank accounts of the accused have been frozen, and steps have been initiated to trace their assets, officials said.
Police also conducted a raid at the company’s office at Pathadipalam and seized several documents related to the case.
The accused were produced before the Judicial First Class Magistrate Court in Kalamassery, which remanded them to judicial custody and sent them to Kakkanad jail.
Police said they would seek the custody of the accused for further interrogation as the investigation continues.
