TikTok reportedly stays on App Store after assurance from Attorney General Pam Bondi

TikTok reportedly stays on App Store after assurance from Attorney General Pam Bondi


In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. 

Vcg | Visual China Group | Getty Images

Apple will keep ByteDance-owned TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi, according to a report from Bloomberg News.

This comes after President Donald Trump signed an executive order Friday to extend the TikTok ban deadline for the second time. TikTok will be banned in the U.S. unless China’s ByteDance sells its U.S. operations under a national security law signed by former President Joe Biden in April 2024.

AG Bondi wrote in a letter to Apple that the company should act in accordance with Trump’s deadline extension and that it would not be penalized for hosting the platform, according to unnamed sources cited in the report.

Apple did not respond to a request for comment.

After TikTok went briefly offline for U.S. users in January following the initial ban deadline, it remained unavailable for download in the App Store until Feb. 13. Apple had reinstated TikTok to its app store after receiving a similar letter of assurance from Bondi.

The extension comes days after Trump announced cumulative tariffs of 54% on China. Prior to the additional tariff rollout on April 2, the president said he could reduce duties on the country to help facilitate a deal for ByteDance to sell its U.S. operations of TikTok.

“Maybe I’ll give them a little reduction in tariffs or something to get it done,” Trump said during a press conference in March. “TikTok is big, but every point in tariffs is worth more than TikTok.”

WATCH: TikTok deal reportedly halted after China said it would reject it due to tariffs

TikTok deal reportedly halted after China said it would reject it due to tariffs



Source

European pharma stocks fall after Trump slaps 100% tariffs on medicine imports
World

European pharma stocks fall after Trump slaps 100% tariffs on medicine imports

Stocks listed in Europe were broadly higher on Friday, as investors assessed the latest trade policy announcements out of the White House. The pan-European Stoxx 600 index was up by 0.2% by around 10:00 a.m. London time (5 a.m. ET), with most sectors in positive territory. The Stoxx Europe 600 Healthcare index saw rocky trade […]

Read More
Fintech Checkout.com’s valuation falls to  billion
World

Fintech Checkout.com’s valuation falls to $12 billion

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking at the annual Web Summit technology conference in Lisbon, Portugal, in 2022. Horacio Villalobos | Getty Images LONDON — Fintech unicorn Checkout.com is giving staff a way of cashing in their shares: buying them out. The London-headquartered payments platform said Friday that it plans to […]

Read More
Barclays CEO double downs on U.K. despite bank tax risk
World

Barclays CEO double downs on U.K. despite bank tax risk

Barclays chief C.S. Venkatakrishnan doubled down on doing business in the United Kingdom even as the British bank faces the growing threat of higher taxes in the country. The executive’s optimism comes as analysts and investors widely expect the U.K. government to target the U.K. banking sector for tax increases in the upcoming Autumn Budget […]

Read More