Apple, Google remove TikTok from stores as app halts service in US
Portfolio Pulse from
Apple and Google have removed TikTok from their app stores in compliance with a U.S. law requiring ByteDance to divest the app. This means TikTok is no longer available for download in the U.S., and the service has been shut down.
January 19, 2025 | 4:30 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Apple removed TikTok from its App Store in compliance with U.S. law, impacting the availability of the app in the U.S.
Apple's removal of TikTok from its App Store is a compliance action with U.S. law. While it affects app availability, it is unlikely to have a significant short-term impact on Apple's stock price as it is a regulatory compliance issue rather than a business decision.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Google removed TikTok from its Play Store in compliance with U.S. law, affecting the app's availability in the U.S.
Google's removal of TikTok from its Play Store is a regulatory compliance action. This is unlikely to have a significant short-term impact on Google's stock price as it is not a business decision but a legal requirement.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50