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TikTok Returns to US App Stores After Trump Grants Ban Extension
TikTok is once again available for download in the United States after former President Donald Trump granted a 75-day extension on enforcing a law that would ban the app unless its Chinese parent company, ByteDance, sells its US operations.
The popular video-sharing platform, which boasts over 170 million American users, briefly disappeared from Apple and Google’s app stores last month as a previous ban deadline approached. However, following Trump’s executive order delaying enforcement until April 5, the app was reinstated after assurances were given that tech companies would not face liability for allowing downloads.
Legislative Battle Over TikTok’s Future
The legislation to ban TikTok was originally signed into law by former President Joe Biden, receiving bipartisan support in Congress. The US government has long expressed concerns that TikTok could be used by the Chinese government for espionage and political influence—claims that both ByteDance and Beijing have strongly denied.
Despite initially supporting a ban, Trump changed his stance during his presidential campaign, acknowledging the platform’s impact. He even expressed a “warm spot” for TikTok, citing the billions of views his campaign videos garnered. When TikTok resumed operations in the US, users received a pop-up message on the app thanking Trump by name.
TikTok’s CEO Shou Chew reportedly met with Trump at Mar-a-Lago after the election and later attended his inauguration, fueling speculation about a potential resolution.
Potential Buyers and Future Uncertainty
Trump has suggested a joint ownership model, in which a buyer could take over TikTok and “give half to the US” in exchange for a permit to operate. Several high-profile investors have been linked to a possible takeover of TikTok’s US operations, including:
- Larry Ellison, co-founder of Oracle
- Elon Musk, billionaire entrepreneur and head of Trump’s Department of Government Efficiency
- Frank McCourt, billionaire investor
- Kevin O’Leary, Canadian businessman and Shark Tank star
- Jimmy Donaldson (MrBeast), YouTube’s biggest creator, who recently claimed that investors approached him after he expressed interest in acquiring the app
With the April 5 deadline now in place, the coming weeks will be crucial in determining TikTok’s long-term future in the US. Whether ByteDance agrees to a sale, a compromise is reached, or the ban is enforced, remains to be seen.
For now, TikTok users in the US can continue creating, scrolling, and engaging, as the legal and political battle over the app’s fate unfolds.
News
Amazon MGM Takes Creative Reins of James Bond Franchise Amid Casting Buzz
In a landmark shift for the James Bond franchise, Amazon MGM has partnered with long-time producers Michael G. Wilson and Barbara Broccoli to oversee the future of 007. While all three entities retain co-ownership of the Bond intellectual property, Amazon MGM will now lead creative decisions, marking a significant departure from its previously limited role.
The move follows Amazon’s $8.5 billion acquisition of MGM in 2021, which granted it partial ownership but little say in the franchise’s artistic direction. With Daniel Craig’s departure after 2021’s No Time to Die, speculation about the next James Bond has intensified. Jeff Bezos, Amazon’s founder and executive chairman, fueled the debate by asking his followers on social media platform X, “Who’d you pick as the next Bond?” The overwhelming response highlighted British actor Henry Cavill as a fan favorite. Known for roles in Superman, The Witcher, and Mission: Impossible – Fallout, Cavill previously auditioned for the role in 2006’s Casino Royale but lost to Daniel Craig. Director Martin Campbell praised Cavill’s audition but deemed him too young at the time. Now in his early forties, Cavill’s age could be a factor if long-term commitments are considered.
Daniel Craig acknowledged Wilson and Broccoli’s contributions, telling Variety, “My respect, admiration, and love for Barbara and Michael remain constant and undiminished.” With Wilson stepping back and Broccoli expected to reduce her involvement, Amazon MGM gains greater creative control, raising questions about the franchise’s future direction.
Fan speculation continues to swirl around Cavill, alongside other contenders like Taron Egerton, Tom Hardy, and Idris Elba. While Amazon MGM has yet to announce a timeline or reveal casting decisions, industry watchers anticipate a new era that may extend beyond traditional films, potentially including spin-offs, series, and streaming exclusives. As the studio reshapes Bond’s future, audiences worldwide eagerly await the next chapter in the iconic spy saga.
News
Global Hiring Slump Marks Longest Downturn in Decades, Says Hays CEO
The global job market is experiencing its longest downturn in over 20 years, according to Dirk Hahn, CEO of Hays, Britain’s largest listed recruitment firm. Hahn attributes the slump to ongoing macroeconomic uncertainty, which is deterring both employers and job seekers from making moves.
Hays, which employs nearly 7,000 consultants worldwide, reported weaker demand for temporary workers in early 2025, while demand for permanent roles—particularly in Europe—remains sluggish following a pre-Christmas dip. Countries such as France, the UK, Ireland, and Germany, Hays’s largest market, are feeling the pressure most acutely.
In the six months leading up to December, Hays reported a 15% drop in group net fees, falling to £496 million from £583.3 million the previous year. Pre-tax profits fell sharply by 67% to £9.1 million, compared to £27.6 million during the same period the prior year. Hays’s share price, already down 25% over the past year, dipped a further 1.8% on Thursday, closing at 71¾p and placing the company’s market value just below £1.2 billion. Despite declining profits, the company will maintain its interim dividend at 0.95p per share.
While the broader UK labor market has shown resilience with limited mass layoffs, businesses remain cautious about expanding their workforce. “Most companies have enough work to retain their current staff, but they’re not looking to increase headcount,” said James Hilton, Hays’s chief financial officer. “Many employees who received pay increases in recent years are not seeking new roles, creating a stalemate. However, over time, people will seek promotions or fresh challenges.”
Recruiters had anticipated a market recovery earlier this year, but Hahn now warns that the rebound may not materialize until 2026. In the meantime, Hays is focusing on its technology recruitment division—its most profitable segment—as it navigates the prolonged global hiring slowdown.
News
UK Government Reports Lower-Than-Expected Budget Surplus in January
The UK government reported a budget surplus of £15.4 billion in January, falling short of economists’ forecasts of £21 billion and the £19 billion predicted by the Office for Budget Responsibility (OBR). Despite January typically seeing a boost from self-assessment tax payments, the lower-than-expected figure has increased total borrowing for the financial year to £118.2 billion—over £11 billion more than the previous year.
The government’s debt-to-GDP ratio now stands at 95.3 per cent, a level last observed in the 1960s. With the OBR set to release updated forecasts on March 26, there are concerns that the government may struggle to meet its goal of reducing the debt ratio by 2029. This could lead to potential spending cuts or tax hikes in the autumn budget.
Reduced debt-servicing costs helped boost January’s surplus, dropping from £9 billion in December to £6.5 billion. However, this was partially offset by a £6 billion one-off expense related to the government’s repurchase of military housing from private firm Annington.
Darren Jones, chief secretary to the Treasury, emphasized the government’s commitment to “economic stability and meeting our non-negotiable fiscal rules.” He also noted that a comprehensive spending review—the first of its kind in 17 years—is underway to ensure that public funds are used efficiently and aligned with national priorities.
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