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TikTok's fate divides Trump and fellow Republicans as Supreme Court action looms
Economic Times
·
6m ago
Medial
President-elect Donald Trump is asking the Supreme Court to block a U.S. ban on TikTok, citing free speech rights, while many Republicans support the ban over national security concerns. The court, with a conservative majority, faces a significant free speech case. TikTok's parent, ByteDance, must sell the platform or face a ban. Trump, once critical of TikTok, now supports it, creating a divide with Republican allies. The decision could impact digital platforms with foreign ties.
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US TikTok ban looms as Trump seeks last-ditch solution
Economic Times
·
5m ago
Medial
The US Supreme Court upheld a law mandating TikTok's sale or ban for national security, threatening its accessibility to 170 million US users. TikTok's CEO appealed to President-elect Trump for a resolution, as the app risks a US shutdown unless the Chinese owner finds a buyer by Sunday. The law requires Apple and Google to remove TikTok, facing penalties if accessed. Alternatives like Instagram Reels and YouTube Shorts could benefit from TikTok's potential ban.
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What lies ahead as TikTok ban looms in US
Economic Times
·
7m ago
Medial
TikTok's appeal to challenge a US law requiring it to divest from its Chinese parent company or shut down in January 2025 has been rejected by a federal court. The law was put in place due to concerns over national security and the potential for the Chinese government to access user data. The ruling has been seen as a victory for US officials in protecting American data and national security. TikTok has until January 19 to sell the app, but plans to appeal the decision in the Supreme Court. Former US President Trump, who initially ordered a ban on TikTok, has since opposed it.
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TikTok Asks US Supreme Court to Block Government Ban
Livemint
·
7m ago
Medial
TikTok and its parent company, ByteDance, have urgently requested the US Supreme Court to block the government's ban on the social media platform. The ban is set to be enforced next month if the parent company fails to sell the app. A federal appeals court recently upheld the ban, dismissing TikTok's claims of free speech protections. The Supreme Court's decision or any potential actions by the incoming administration could impact the ban's implementation after January 20. President-elect Donald Trump has suggested reconsidering his stance on TikTok. The Supreme Court has been asked to decide by January 6.
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For TikTok users, mourning, frustration and clinging to hope as TikTok ban looms
Economic Times
·
5m ago
Medial
The looming US TikTok ban has sparked uncertainty and frustration among users, particularly influencers and small business owners reliant on the platform for income. The Supreme Court upheld a law requiring TikTok's sale by its China-based parent due to national security risks, risking a ban from Sunday. Users find themselves in limbo, uncertain about enforcement, with transition challenges looming. The ban challenges the creator community to adapt and highlights strategic shifts amid political dynamics.
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Joe Biden or Donald Trump can still rescue TikTok; here's how
Economic Times
·
6m ago
Medial
The 2020 ban on TikTok by Trump could be reversed by Biden using a law that allows a 90-day extension for TikTok's sale, contingent on progress towards divestment. Trump could alternatively redirect his Justice Department to deprioritize enforcement or issue an executive order claiming national security benefits to retain TikTok. Another option is a Supreme Court stay on the government lawsuit, providing time for new legal arguments and avoiding legal complications.
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TikTok and government clash in last round of Supreme Court briefs
Economic Times
·
6m ago
Medial
The Supreme Court is set to hear arguments regarding a government measure that could force TikTok's US operations to sell or shut down due to security concerns about Chinese influence. This case, with significant First Amendment implications, could impact 170 million American TikTok users. TikTok's brief argues for free speech protections even for foreign entities, while the government insists on more stringent controls. The Supreme Court's decision, expected soon, will determine TikTok's future in the US.
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Trump says it could be worth keeping TikTok in US for a little while
Economic Times
·
6m ago
Medial
President-elect Donald Trump expressed his support for allowing TikTok to continue operating in the United States, citing the billions of views he received on the platform during his campaign. The U.S. Senate previously passed a law requiring TikTok's Chinese parent company, ByteDance, to divest the app due to national security concerns. However, the Supreme Court will hear the case, and if no divestment occurs, TikTok could be banned in the U.S. on January 19. Trump's comments indicate his opposition to TikTok's potential exit from the market, though it is unclear how he plans to undo the divestiture order.
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TikTok must find non-Chinese owner by Saturday to avert US ban
Economic Times
·
3m ago
Medial
TikTok faces a looming deadline to find a non-Chinese owner or face a U.S. ban, due to national security concerns about its Chinese parent company, ByteDance. TikTok, with over 170 million American users, risks shutdown if it doesn't comply. President Trump is negotiating a possible deal, involving U.S. investors like Oracle and Blackstone, to transfer ownership. However, the fate of TikTok's valuable algorithm, seen as potentially weaponizable, remains uncertain.
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TikTok, Justice Department face off in court over potential US ban
Economic Times
·
10m ago
Medial
Lawyers for TikTok and parent company ByteDance will appear in court on Monday to challenge a law that could potentially ban the popular app in the US by January 19. TikTok and ByteDance argue that the law is unconstitutional and violates Americans' freedom of speech. The US Court of Appeals for the District of Columbia will consider the legal challenges brought by TikTok and its users against the law, which requires ByteDance to sell or divest TikTok's US assets. The fate of TikTok hangs in the balance as the court hearing takes place during the final weeks of the presidential campaign.
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Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
Economic Times
·
8m ago
Medial
The US Supreme Court will hear separate cases involving Meta's Facebook and Nvidia as the companies seek to avoid federal securities fraud lawsuits. These cases could potentially limit the ability of private litigants to hold companies accountable, following recent Supreme Court rulings that weakened federal regulators. Facebook is accused of misleading investors about a data breach in a class action lawsuit, while Nvidia is facing a securities class action alleging deceptive statements about its sales to the cryptocurrency industry. The outcome of these cases could have implications for private rights of action and the enforcement efforts of regulatory bodies.
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