Title: The Future of TikTok and Retrieving Your Account Data: A Guide
Good morning!
It appears TikTok's presence in the United States is hanging by a thread. On Friday, the Supreme Court showed signs of supporting a law that could lead to the app's ban unless it divests itself from its Chinese parent company, ByteDance. Critics argue this move violates the First Amendment rights of TikTok and its creators, but the Supreme Court justices seemed to express skepticism.
If the app's fate is sealed, here's how you can request your data before the ban takes effect on the 19th of January.
Breaking News
Los Angeles is still grappling with wildfires as high winds continue. Unfortunately, the death toll has risen to at least 24. City Mayor Karen Bass has been in touch with the Trump Administration to invite them for a visit to assess the damage. While TikTok's impending doom has boosted shares of rival platforms, Oracle, the host of U.S. TikTok data, saw a 5% dip in shares.
Headlines
- 256,000 Jobs Added in December: The U.S. added more jobs than anticipated noticed in the Labor Department's monthly report. Despite the strong labor market data, stocks took a hit.
- Billionaire Bunker: An empty lot in Miami-Dade County's "billionaire bunker" was listed for $200 million. Billionaires and celebrities donating for wildfire relief include actors Jamie Lee Curtis and Mark Zuckerberg.
- California Fires and AI: Despite early detection by an AI-enabled system, the Palisades Fire had already grown before cameras could make a real impact, highlighting the limitations of AI in fire prevention.
Deep Dive
New York Governor Kathy Hochul recently signed a bill that could fine Big Oil $75 billion to cover environmental remediation costs. The oil companies may not pay willingly, leading to a potential constitutional battle. Meanwhile, President-elect Donald Trump became the first ex-president to be convicted of a felony, though he escaped penalties with an unconditional discharge.
Travel and Lifestyle
Looking for inspiring places for a marathon run? Check out this list of 12 magnificent marathons worth traveling for. Hopper reported reduced costs for long-haul trips to international destinations like Asia and Europe, offering an excellent opportunity for vacationers.
Tech and Innovation
A hacker claimed to have stolen data from Gravy Analytics, potentially threatening the privacy of gay individuals in countries where homosexuality is illegal. California has been using AI to detect potential wildfires, but the Palisades Fire grew too fast for the system to make a significant impact.
Money and Politics
California's disaster loan program, offered by the Small Business Administration, provides up to $2 million in loans to help businesses recover from both physical damage and economic losses. Experts suggest that small business owners must weigh the pros and cons of taking on debt during a disaster.
Outlook
L.A. small businesses can obtain up to $2 million in financial assistance from the SBA's disaster loan program to help recover from loss or damage. Remember, the loan application process can feel intimidating, but it is crucial to rebuild and maintain business operations.
Enrichment data incorporated sparingly and used for clarification and supporting context:
- The TikTok ban is scheduled to go into effect on January 19, 2025, unless ByteDance sells off TikTok's U.S. operations by that date.
- If the ban is enforced, TikTok may be removed from the Apple and Google app stores, facing potential fines.
- The Supreme Court's decision on the TikTok ban has significant implications for free speech protections, potentially setting a new precedent for social media regulation.
The Supreme Court's ruling on TikTok's future in California could impact its popular spots, as many influencers and users often showcase 'fires' in their TikTok videos filmed in LA. Despite the uncertainty surrounding TikTok, the app's rival platforms like Oracle have seen an increase in shares due to the potential ban.
California's ongoing 'fires' have claimed the lives of at least 24 individuals, prompting Mayor Karen Bass to request a visit from the Trump Administration to assess the damage. While these tragic events have unfolded, the Supreme Court's decision on TikTok's presence in the United States continues to be a topic of concern.
