American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Supreme Court upholds TikTok divestment order: Will ByteDance comply or face a US ban?

by admin January 18, 2025
January 18, 2025
Supreme Court upholds TikTok divestment order: Will ByteDance comply or face a US ban?

The US Supreme Court has upheld the law mandating China-based ByteDance to divest its ownership of TikTok by Sunday, or face an effective ban of the popular video-sharing app in the United States.

The ruling underscores growing national security concerns tied to TikTok’s data collection practices and alleged links to the Chinese government, placing the platform’s 170 million American users at risk of losing access.

The decision supports the Protecting Americans from Foreign Adversary Controlled Applications Act, signed into law by President Joe Biden in April 2024.

The court’s unanimous opinion stressed that TikTok’s massive data collection and susceptibility to foreign influence pose significant threats to US security.

Justice Sonia Sotomayor and Justice Neil Gorsuch added separate concurring opinions.

TikTok’s uncertain future in the US

ByteDance has resisted divestment, leaving the app’s fate uncertain. While TikTok may remain functional on devices where it is already installed, the company has threatened a complete shutdown of the platform if forced to sell.

The court’s ruling also pressures third-party service providers, including Apple and Google, to remove TikTok from app stores after the January 19 deadline. Failure to comply could result in penalties for these tech giants.

White House press secretary Karine Jean-Pierre reaffirmed the administration’s stance, emphasizing that TikTok could remain available under US ownership or an arrangement that resolves security concerns.

“Implementation of this law will transition to the next administration, which takes office Monday,” Jean-Pierre stated.

National security vs. free expression

The ruling has sparked intense debate about national security and free speech.

US Solicitor General Elizabeth Prelogar defended the law, citing TikTok’s ties to ByteDance and potential influence from the Chinese Communist Party.

On the other hand, TikTok’s lead attorney Noel Francisco argued the act infringes on the First Amendment rights of millions of users who rely on the app for creative expression, news, and business promotion.

Kate Ruane, director of the Center for Democracy and Technology, criticized the decision.

“This ruling undermines the free expression of TikTok users in the US and worldwide,” Ruane was quoted as saying by CNBC, noting that the platform has become a vital tool for sharing information and fostering creativity.

As the deadline looms, TikTok creators are urging followers to migrate to platforms like YouTube, Facebook, and Instagram.

A CNBC report revealed that Instagram leadership has been preparing for a potential influx of users.

Meanwhile, TikTok-lookalike app RedNote has surged to the top of Apple’s App Store, indicating growing interest in alternatives.

ByteDance’s refusal to sell leaves room for speculation about potential buyers, including Elon Musk, as Bloomberg reported that the Chinese government is considering contingencies to retain TikTok’s US operations.

Analysts estimate TikTok’s US assets could fetch $40 billion to $50 billion if sold.

With the clock ticking, all eyes are on ByteDance and the incoming Trump administration to determine TikTok’s fate in America.

The post Supreme Court upholds TikTok divestment order: Will ByteDance comply or face a US ban? appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Donald Trump ‘likes TikTok and plans to save it,’ says Rich Greenfield
next post
Interview: Stablecoins will transform finance in 2025, says Brett Reeves

Related Posts

China holds firm on TikTok as US pushes...

September 21, 2025

How Hermès stays resilient in economic uncertainty on...

April 20, 2025

Europe markets open: Stoxx 600 down 0.4% on...

May 19, 2025

Russell 2000 to reach a new all-time high...

June 28, 2025

Tesla tops BYD in deliveries, but BYD leads...

January 4, 2025

Asian markets mixed as US inflation data and...

January 14, 2025

Samsung, SK and Hyundai launch major youth hiring...

September 18, 2025

St. James Place share price rare pattern points...

July 31, 2025

Dow futures soar 100 points today: 5 things...

August 11, 2025

EVgo stock price just formed a death cross:...

January 17, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Senate Democrats scale back demands in bid to end historic US government shutdown

      November 9, 2025
    • US government shutdown: Republicans reject Democrats’ pared-back offer

      November 9, 2025
    • Weekly wrap: Mamdani win, SC questions Trump’s tariffs, Tesla approves Musk pay package

      November 9, 2025
    • Market outlook: uncertainty looms as data blackout tests investor nerves

      November 9, 2025
    • Bulgaria plans for continuous oil supply for Lukoil-owned refinery after US sanctions

      October 26, 2025

    Categories

    • Business (4,563)
    • Investing (3,077)
    • Latest News (2,107)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved