Beijing-based internet company ByteDance. According to TikTok, about 60% of the parent company is owned by global institutional investors, 20% by the company’s founders and 20% by employees. When will TikTok be banned in the US? If the Supreme Court does ...
First launched in the United States in 2018, the app quickly became the most downloaded social and entertainment app in the world. By 2020, when Americans were looking for ways to
The Supreme Court has decided to uphold the law that will ban TikTok on Jan. 19 if its parent company ByteDance continues to refuse to sell the app before then.
Political shifts and legal hurdles have delayed TikTok's removal, with Biden reportedly kicking the issue to Trump.
The thing is, ByteDance, TikTok's parent company, owns and operates other apps within the U.S. None of these apps are currently in talks to be banned, but they all should, in theory, have many of the same concerns that caused the government to go after TikTok.
After hearing arguments on Friday morning, the U.S. Supreme Court decided to uphold the law, meaning that TikTok will be banned effective if the parent company ByteDance does not sell the company by Sunday.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
The Supreme Court said it may announce opinions on Friday, a last-minute addition that comes just two days before a law that would ban TikTok is set to go into effect.
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.
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.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.
TikTok could fade to black in the U.S. in a matter of days after the Supreme Court rejected its appeal to halt a law that will ban the popular video app as of Jan. 19 unless Chinese parent ByteDance sells its stake. “There is no doubt that, for more than ...