A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

TikTok shut down U.S. operations Saturday night, complying with a U.S. law that banned the short video app, even as Donald Trump said a reprieve is "likely."

Morgan Stanley analyst Brian Nowak maintained a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $280.00.Stay

Morgan Stanley notes recent news reports suggest both President Biden and President-elect Trump are interested in extending the upcoming

“A few months ago I returned some stuff to Amazon, they refunded my money, everything was great. Fast forward three months, and all of a sudden, the money is getting taken out of my bank account again. They said that I didn’t send back the actual item that I sent something else back, which wasn’t true,” Azzolini explains.

The company is one of the app’s leading server providers, managing the data centers where billions of 40-second videos are stored.

Chinese merchants on TikTok are taking precautionary measures to prepare for a looming ban of the short-video app in the United States, including switching to competing platforms and focusing on other overseas markets.

A bill to ban TikTok or force its sale to a U.S. company gathers steam in Congress. TikTok brings dozens of its creators to Washington to tell lawmakers to back off, while emphasi

The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.

The social media platform is days away from a shutdown — and users are scrambling to find new homes for their content.