AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)
Technology

US judge expected to decide by Sunday if TikTok will remain in US app stores

  • The government faced a 2:30 p.m. Friday deadline to either delay the ban or oppose TikTok's preliminary injunction.
  • TikTok has said the restrictions "were not motivated by a genuine national security concern.
Published September 26, 2020

WASHINGTON: A judge is expected to decide by Sunday whether to allow a ban on TikTok from Apple Inc and Alphabet Inc Google app stores after a last-minute filing by the Department of Justice in support of the move.

The government faced a 2:30 p.m. Friday deadline to either delay the ban or oppose TikTok's preliminary injunction. The Justice Department filed its objection under seal because it includes submissions made by TikTok's Chinese owner, ByteDance, that include confidential business information.

ByteDance has said it has made a preliminary deal for Walmart Inc and Oracle Corp to take stakes in the short video sharing app, but the exact terms of the agreement remain unclear.

Judge Carl Nichols in Washington is expected to rule before Sunday on TikTok's request. The Commerce Department gave the companies an additional week to finalize a deal before an order banning TikTok from US app stores takes effect, citing "recent positive developments."

On Sunday, a judge in California issued an preliminary injunction that blocked a similar order from taking effect on Tencent Holdings' WeChat app. The Justice Department has asked the judge to allow the ban to take effect pending appeal.

TikTok has said the restrictions "were not motivated by a genuine national security concern, but rather by political considerations relating to the upcoming general election."

On Saturday, ByteDance, Walmart and Oracle said they reached an agreement that would to allow TikTok to continue to operate in the United States after President Donald Trump said he had blessed the deal.

US officials have expressed serious concerns that the personal data of as many as 100 million Americans who use the app was being passed on to China's Communist Party government.

ByteDance has said its deal with Oracle and Walmart will see the creation of a standalone US company and does not involve any transfer of technology, though Oracle will be able to inspect TikTok US source code. It has also said the deal needs approval from both China and the United States.

Comments

Comments are closed.