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Trump Intervenes To Bring TikTok Back To The U.S.

TikTok began restoring access for U.S. users on Sunday, following a pledge by President-elect Donald Trump to reinstate the platform’s operations as he prepared to take office. Speaking at a rally before his inauguration, Trump emphasized the importance of the app’s return, stating, “Frankly, we have no choice. We have to save it.” He also hinted at plans for a joint venture to secure TikTok’s presence, a platform used by 170 million Americans.

Hours before the rally, TikTok informed its users about the positive developments, attributing the app’s revival to Trump’s efforts. “Thanks to President Trump’s leadership, TikTok is back for U.S. users,” read the company’s message. While some users regained access to limited services on the app, the full platform remained unavailable for download on app stores as of late Sunday.

TikTok acknowledged ongoing efforts with service providers to restore operations fully. In a statement, the company expressed gratitude to Trump for ensuring clarity and protection for its service providers. This assurance, TikTok noted, was crucial in allowing its operations to continue without legal risks. The platform also highlighted its role in supporting over 7 million small businesses across the U.S.

Tensions Amid U.S.-China Relations

TikTok’s revival comes against the backdrop of strained ties between the U.S. and China. While Trump has indicated plans to impose tariffs on China, he also expressed interest in fostering direct communication with the Chinese leadership. Addressing the matter, China’s foreign ministry stated its hope for a fair and open business environment in the U.S. for international companies like TikTok.

TikTok had gone offline for U.S. users late Saturday following the implementation of a law banning its operations over national security concerns. Officials cited fears that user data could be accessed by ByteDance, the app’s Chinese parent company, and misused. In response, Trump announced plans to delay the enforcement of the law, creating an opportunity to negotiate a deal ensuring national security.

On his social platform, Truth Social, Trump suggested the U.S. take a 50% ownership stake in a joint venture overseeing TikTok’s U.S. operations. He also assured companies supporting the app’s continued availability that they would face no legal liabilities.

Divided Opinions On TikTok’s Return

Trump’s intervention marks a notable shift from his earlier stance during his first term in office when he sought to ban TikTok entirely over privacy concerns. In contrast, he now credits the app for helping him connect with young voters during the 2024 presidential election. However, not all members of Trump’s Republican Party agree with his actions. Senators Tom Cotton and Pete Ricketts have criticized the move, stating that only a complete severance of ties between ByteDance and the Chinese government would satisfy legal requirements.

The law passed by Congress grants the U.S. government the authority to ban or require divestitures of Chinese-owned apps, a move that has already affected other ByteDance properties like CapCut and Lemon8, which were also removed from U.S. app stores.

A “Hair On Fire” Moment For Businesses

The temporary shutdown of TikTok sent shockwaves across industries reliant on the platform. Marketing agencies scrambled to develop contingency plans, with one executive describing the situation as a “hair on fire” crisis. Meanwhile, U.S. users flocked to VPN searches, hoping to bypass restrictions, and e-commerce sellers worried about delayed transactions on TikTok Shop.

During the turmoil, TikTok CEO Shou Zi Chew is expected to attend Trump’s inauguration and a rally, signalling the company’s support for the deal. Meanwhile, interest in TikTok’s U.S. operations is growing, with names like Elon Musk and former Los Angeles Dodgers owner Frank McCourt reportedly exploring acquisition opportunities. A U.S. tech startup, Perplexity AI, has also submitted a proposal to merge with TikTok’s U.S. branch and create a new entity involving other partners.

Despite the upheaval, TikTok’s path forward may cement its place as a dominant social media platform in the U.S., backed by President Trump’s evolving approach to its operations and the broader landscape of U.S.-China tech relations.

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

Market Overview

In 2025, Cyprus’ newly built residential property market achieved a remarkable milestone, exceeding €2.5 billion. Data from Landbank Analytics indicates robust activity countrywide, with newly filed contracts reaching 7,819, including off-plan developments. This solid performance underscores the market’s resilience and dynamism across all districts.

Transaction Breakdown

The apartment sector clearly dominated the market, constituting 81.6% of transactions with 6,382 deals valued at €1.77 billion. In contrast, house sales represented a smaller segment, encompassing 1,437 transactions and generating €737.9 million. The record-high transaction was noted in Limassol, where an apartment sold for approximately €15.2 million, while the priciest house fetched roughly €6.2 million.

Regional Analysis

Nicosia: The capital recorded steady domestic demand with 2,171 new residential transactions. Apartments accounted for 1,836 deals generating €349.6 million, compared to 335 house transactions worth €105.5 million, anchoring Nicosia as a core market with average values of €190,000 for apartments and €315,000 for houses.

Limassol: As the island’s principal investment center, Limassol led overall activity with 2,207 transactions. Apartments dominated with 1,936 sales generating €824.1 million, while 271 house transactions added €157.9 million. The district enjoyed premium pricing, with apartments averaging over €425,000 and houses around €583,000.

Larnaca: This district maintained robust activity with a total of 2,020 transactions. The apartment segment realized 1,770 transactions worth €353 million, and houses contributed 250 deals valued at €96.3 million. Average prices hovered near €200,000 for apartments and €385,000 for houses, positioning Larnaca within the mid-market bracket.

Paphos: With a more balanced mix, Paphos completed 1,078 transactions. Ranking second in overall value at €503.2 million, the district saw house sales generate €287.8 million and apartments €215.4 million. Consequently, Paphos achieved the highest average house price at approximately €710,000 and an apartment average of €320,000, emphasizing its premium housing profile.

Famagusta: Distinguished by lower transaction volumes, Famagusta was the sole district where house sales outnumbered apartment deals. Out of 343 transactions, 176 involved houses (yielding €90.4 million) and 167 were apartments (at €32.4 million). The segment’s average prices were about €194,000 for apartments and over €513,000 for houses, signaling its focus on holiday residences and coastal developments.

Sector Insights and Forward View

Commenting on the report, Landbank Group CEO Andreas Christophorides remarked that the analysis demonstrates an ecosystem where apartments are the cornerstone of the real estate market. He emphasized, “The apartment sector is not merely a trend; it is the engine powering the country’s real estate market.” Christophorides also highlighted the diverse regional dynamics: Limassol leads in apartment pricing, Paphos commands premium house prices, Nicosia remains pivotal to domestic demand, Larnaca sustains competitive activity, and Famagusta caters to holiday home buyers.

In a market characterized by these varied profiles, informed monitoring of regional and sector-specific dynamics is crucial for investors aiming to make targeted and strategic decisions.

Uol
The Future Forbes Realty Global Properties
Aretilaw firm
eCredo

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