By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > News > US Supreme Court upholds divest-or-ban law targeting TikTok
News

US Supreme Court upholds divest-or-ban law targeting TikTok

News Room
Last updated: 2025/01/17 at 10:52 AM
By News Room
Share
5 Min Read
SHARE

Unlock the White House Watch newsletter for free

Your guide to what the 2024 US election means for Washington and the world

The US Supreme Court has upheld a divest-or-ban law targeting TikTok, leaving the video app potentially facing a blackout for its 170mn US users and putting its fate in the hands of President-elect Donald Trump.

The law compels TikTok’s Chinese parent ByteDance to sell the platform by January 19 — the day before Trump returns as US president — or face a nationwide ban.

“There is no doubt that, for more than 170 million Americans, TikTok offers a distinctive and expansive outlet for expression, means of engagement, and source of community,” the Supreme Court wrote in a unanimous opinion published on Friday.

“But Congress has determined that divestiture is necessary to address its well-supported national security concerns regarding TikTok’s data collection practices and relationship with a foreign adversary,” it added.

The decision by the country’s top court on Friday means the video app could “go dark” in one of its biggest markets. But the Biden administration said following the ruling that the outgoing president would not enforce the ban during his remaining days in office.

“Given the sheer fact of timing, this administration recognises that actions to implement the law simply must fall to the next administration, which takes office on Monday,” the White House said.

“TikTok should remain available to Americans,” it added, “but simply under American ownership or other ownership that addresses the national security concerns identified by Congress in developing this law.”

The ruling was handed down by the court shortly after Trump said on Friday that he had discussed TikTok on a call with China’s President Xi Jinping. It was the first call between the leaders in four years.

Unless a buyer is found for TikTok within days, the law requires the video app to be removed from the Apple and Google app stores. The company has said that any spin-off would be technologically unfeasible, while Beijing has previously indicated that it would oppose any sale.

TikTok did not immediately respond to a request for comment.

The Supreme Court’s ruling upholds one of the boldest legislative moves of Biden’s term just days before the Democratic president leaves the White House.

Trump has said he plans to “save” the app when he returns to office and previously called on the Supreme Court to delay the legislative deadline so he could find a “political resolution” to the matter.

On Thursday, Trump’s national security adviser Mike Waltz said that the incoming administration would “put measures in place to keep TikTok from going dark”.

He added that the legislation “allows for an extension as long as a viable deal is on the table. Essentially that buys president Trump time to keep TikTok going.”

Chinese officials have held preliminary discussions about whether billionaire Elon Musk — now a close ally of Trump — could broker a deal for the platform’s sale, the Financial Times reported this week.

TikTok chief executive Shou Zi Chew has mounted a charm offensive to cement Trump’s backing, including plans to attend a “victory rally” for the president-elect in Washington on Sunday and his inauguration on Monday, according to two people familiar with the matter. 

The TikTok legislation, passed with strong bipartisan support last year, was spurred by concerns that the popular video platform could be wielded by Beijing for espionage or to spread propaganda.

TikTok asked the Supreme Court to hear its case after a US appeals court rejected its challenge to the law, as well as its subsequent request to halt the measure pending further court proceedings.

The social media app sought to throw out the law by arguing it was unconstitutional and that it violated First Amendment protections for free speech.

Additional reporting by Aime Williams

Read the full article here

News Room January 17, 2025 January 17, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Why Dan Ives believes Nvidia could reach a $6 trillion market cap

Watch full video on YouTube

Why Trump Picked Kevin Warsh To Lead The Fed

Watch full video on YouTube

In 2026, we’re channeling Powell to reach all of our goals.

Watch full video on YouTube

Why It Feels Like Every Movie Is Just Another Sequel

Watch full video on YouTube

US government releases millions of Jeffrey Epstein documents

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

- Advertisement -
Ad imageAd image

You Might Also Like

News

US government releases millions of Jeffrey Epstein documents

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Donald Trump’s ‘beautiful armada’ underlines US threat to Iran

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Meta Stock: Shock And Awe (Rating Downgrade) (NASDAQ:META)

By News Room
News

Qorvo, Inc. (QRVO) Q3 2026 Earnings Call Transcript

By News Room
News

Anthropic doubles VC fundraising to $20bn on surging investor demand

By News Room
News

EU and India seal trade deal to slash €4bn of tariffs on bloc’s exports

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?