TikTok Tussle: Supreme Court’s Ruling Pushes App Closer to US Ban – Trump to the Rescue?
The US Supreme Court’s recent move nudges TikTok towards a potential US ban, unless it finds a new American owner. ByteDance, TikTok’s parent company, faces a countdown until January 19. Meanwhile, the Biden administration plans to delay enforcement, and President-elect Trump hints at intervention to prevent TikTok from going dark.
Hot Take:
Looks like TikTok might have to dance to a new tune—an American one! With the Supreme Court’s recent decision, TikTok is taking one step closer to a US ban, unless they find themselves a new American partner. It seems like ByteDance might have to brush up on their negotiation skills or risk becoming the next big thing to disappear faster than a TikTok trend!
Key Points:
- US Supreme Court rejected ByteDance’s free speech challenge regarding TikTok ownership.
- The Protecting Americans from Foreign Adversary Controlled Applications Act takes effect on January 19, 2024.
- TikTok’s ban could be delayed by 90 days if significant progress is made toward its sale to a US firm.
- President-elect Donald Trump is expected to intervene to prevent an immediate ban.
- Multiple entrepreneurs are eyeing TikTok for a potential buyout, including Elon Musk and MrBeast.
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