The Supreme Court issued its opinion on the looming ban of TikTok in America upholding that the law will stay in effect, essentially forcing the app’s Chinese owner to sell its American holdings by Sunday or be forced to go dark.
Users have flooded the app with satirical videos poking fun at the U.S. government's claims about data security.
In a unanimous 9-0 decision, the justices rejected efforts by TikTok and its parent company to challenge the law, citing national security concerns stemming from the app’s data
Entrepreneur Zhou Chaonan has become one of just three Chinese women billionaires in the ranks of world’s 500 richest people, propelled into the rarefied club by the rise of TikTok owner ByteDance Ltd.
Popular social media platform TikTok, owned by China's ByteDance, has warned of a potential shutdown in the US tomorrow. The company is now seeking intervention from the Joe Biden administration to avoid this outcome.
As self-described " TikTok refugees" pour onto the Chinese social media app RedNote, also known as Xiaohongshu, some foreign netizens are already running up against the country's extensive censorship apparatus. Newsweek reached out to Xiaohongshu with a request for comment via a general contact email address.
The social media giant is now due to be outlawed in America by Sunday unless its Chinese-based owner ByteDance sells the US version of the app
Tesla ( TSLA) stock jumped 3% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
Donald Trump and Chinese President Xi Jinping spoke by phone on Friday, days before the incoming US president returns to the White House.
In an unsigned opinion, the Court sided with the national security concerns about TikTok rather than the First Amendment rights. There were no noted dissents.
The Supreme Court rejected TikTok's appeal to halt a law banning the app in the U.S. unless Chinese parent ByteDance sells its stake by Jan. 19.