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0 -0.00144767682338352 0.000261960568040729 -0.000289535364676736 -0.000289535364676736 -0.000289535364676736 -0.000289535364676736 -0.000289535364676736
Stock impact report

Don't use TikTok? Here's what to know about the popular app and its potential ban in US [USA TODAY]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: USA TODAY
Here's the basics and why the app is important. Time's up for TikTok? President Biden signed into law a bill that could lead to a nationwide ban of the app. The legislation , passed in recent days by Congress, gives TikTok's Chinese parent company ByteDance up to a year to sell its U.S. operations or face a ban. Lawmakers cited national security concerns. The popular app is used by 170 million Americans, many of them younger. More than half of TikTok's users (51.8%) are aged 24 or under and 87.4% of its users are under the age of 45, according to Business of Apps The app, which lets you post videos, definitely skews younger. "TikTok is like the center of the internet for young people. It's where they go to be entertained, keep up with news, and discover new brands or, increasingly, buy products," Emarketer principal analyst Jasmine Enberg told USA TODAY. But even older users, those 18-and up spend 54 minutes a day on TikTok, she said. "There's really no equivalent to TikTok. Show less Read more
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