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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Medpace Beats Q2 Revenue Estimates
Medpace (NASDAQ:MEDP), a clinical contract research organization, reported strong Q2 2025 earnings, achieving GAAP revenue of $603.3 million and EPS of $3.10, surpassing estimates of $538.8 million and $2.98, respectively. The positive results led management to raise forecasts for the remainder of FY2025, reflecting ongoing operational success and top-line growth. Want More Context? 🔎
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