We developed this tool to provide earning potential guidelines to influencers. "Over the next five to 10 years, [that] seems much worse than any benefit we get from weakening one competitor now," Mosseri said. On the costs side, because TikTok is designed for smartphones it’s easier for some people to use, and harder for others. U.S. President Donald Trump, who has been locked in a long-running trade dispute with China, issued an executive order on Aug. 6 that prohibited U.S. transactions with the Chinese owners of messaging app WeChat and TikTok.Both ByteDance and TikTok are seeking a "declaratory" judgment and an order "invalidating and preliminarily and permanently enjoining the Prohibitions and the August 6 order," according to the complaint.The White House did not immediately respond when Reuters contacted it for comment early on Saturday.TikTok, which has over 100 million users in the United States, said the ban would "irreversibly destroy the TikTok business in the U.S.Got a confidential news tip? (Official White House Photo by Tia Dufour) Microsoft is not back in the running to acquire TikTok, a … The Trump administration's decision to ban TikTok and WeChat could set a dangerous precedent that adversely affects U.S. tech companies and accelerates the balkanization of the internet, tech executives, public policy officials and other experts warn.The bans, which would effectively eliminate WeChat's presence in the U.S. at midnight on Sunday and do the same to TikTok after Nov. 12, mark a rare instance in which the executive branch is dictating what messaging and social media apps are available to American consumers.The bans, announced by the Department of Commerce.In the short term, the bans could benefit TikTok competitors like Facebook, YouTube and Snapchat, but in the long-term they could embolden other countries to implement similar bans on those companies, experts say. Popular video-sharing app TikTok has asked a U.S. judge to block the Trump administration from enforcing a ban on the Chinese social media network, according to … TikTok i18n title. TikTok also shifts the costs and benefits of posting. TikTok is a well-known social media platform that allows users to share short homemade videos. The tools below are not official TikTok tools and not in any way associated with or endorsed by TikTok. The news and stories that matter, delivered weekday mornings.Get breaking news and insider analysis on the rapidly changing world of media and technology right to your inbox.Trump administration moves to ban popular Chinese apps TikTok and WeChat. ".Due process, or the lack thereof, is a key concern for many tech executives and policy experts. Popular video-sharing app TikTok has asked a U.S. judge to block the Trump administration from enforcing a ban on the Chinese social media network, according to court documents filed late on Friday.TikTok and its parent company, ByteDance Ltd., filed a complaint in a Washington federal court challenging the recent prohibitory moves by the Trump administration.The U.S. Commerce Department announced a ban on Friday blocking people in the United States from downloading Chinese-owned messaging app WeChat and TikTok starting Sept. 20.The ban was being introduced for political reasons, TikTok and ByteDance alleged in their complaint. "We agree that this type of ban would be bad for the industry," Vanessa Pappas, TikTok's interim global chief, tweeted after Mosseri voiced his concerns on Twitter. Trump said at a news conference Friday that the White House could still approve a deal.“I think it could go quickly,” he said, while noting that the U.S. would still need assurances of "total security" from China. ".Eric Schmidt, the former CEO and chairman of Google, has long said that the internet was splitting into two: a U.S. internet and a Chinese internet.Last month, in an interview with CNBC, Schmidt warned that Trump's move to ban TikTok's U.S. business could set a precedent for other countries to take similar actions against U.S. tech firms.