TikTok is restoring access to its video app after President-elect Donald Trump provided clarity that companies distributing and hosting the platform would not face penalties for violating a US ban. The company, owned by ByteDance, is working on a long-term solution to keep TikTok in the US. Apple and Google app stores still do not have TikTok available for download. Trump plans to issue an executive order to extend the deadline for the ban, with the possibility of a joint venture with US ownership. Lawmakers and security officials are concerned about Chinese government access to American data through TikTok, despite the app denying any Chinese control. Trump previously tried to block TikTok in the US and has attempted to prevent China from accessing data. The ban on TikTok was upheld by the Supreme Court, and Trump is considering an extension to the deadline for selling the app.
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Could $10,000 Invested in Palantir Stock When It Went Public in 2020 Turn Into $1 million by 2030?
If you had invested $10,000 in Palantir Technologies (NASDAQ: PLTR) five years ago, it would be worth approximately $144,630 today, significantly outperforming the S&P 500's $19,000 return. However, to reach a $1 million valuation by 2030, Palantir would need to achieve a 591% increase, leveraging its innovative big data analytics and integration of generative AI technologies. Need More Context? 🔎
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