President Joe Biden used his farewell address to the nation Wednesday to warn of an “oligarchy” of the ultra-wealthy taking root in the country and of a “tech-industrial complex” that is infringing on Americans’ rights and the future of democracy.

President Joe Biden used his farewell speech Wednesday to call out what he referred to as a nascent oligarchy in the United States. Perhaps unsurprisingly, Google Analytics appears to show that a lot of Americans had no idea what he was talking about.

ReelShort, another social media app, has also witnessed a spike in popularity amid the potential TikTok ban. It is currently sitting at seventh rank in the App Store and second on Google Play.

Joe Biden leaves the White House the day the law goes into effect, and Donald Trump becomes president the next day. Trump enforcing the ban could lead to fines on tech companies like Google and Apple if they continue to allow the app on their marketplaces.

This is an audio transcript of the Behind the Money podcast episode: ‘Not everyone will win in Trump’s M&A revival’ Michela Tindera Since Donald Trump won the US presidential election, there has been a lot of talk on Wall Street about the return of animal spirits. People are excited for a deals and M&A comeback.

TikTok is reportedly prepared to shut down its app on Sunday, when the ban is scheduled to take effect, though the actual language of the law technically only mandates that the platform be taken off app stores to prevent new users from downloading it.

“A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can’t use TikTok for now,” the message read in part. The app was also unavailable on the Apple and Google Play stores, along with Lemon8 and CapCut, which are also owned by TikTok’s parent company, ByteDance.

"Wow, you really waited until your last day at work to start stuffing the suggestion box," was Meyers' sarcastic praise for Biden's farewell.

President Biden will not enforce a US ban on TikTok - which is set to go into effect on Sunday, one day before he leaves office - according to reports citing the White House. The Supreme Court is weighing if the ban should go ahead on Sunday.

The Washington Post reported President-elect Donald Trump, whose term begins a day after a ban would start, is considering issuing an executive order to suspend enforcement of a shutdown for 60 to 90 days. The newspaper did not say how Trump could legally do so, Reuters reported.

He has gone through a transformation and has become a cool looking dude with the gold necklace and [affinity for] the UFC. It’s the new Zuckerberg,” Ben Mezrich, whose book “The

The TikTok ban is about US tech hegemony, not national security or protecting Americans’ data, which homegrown social media companies make a business of collecting and selling.