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Investing.com — TikTok’s struggle to overturn a looming U.S. ban faces a good deadline, with oral arguments scheduled for January 10, simply 9 days earlier than the January 19 deadline for ByteDance to divest its U.S. operations. The timeline raises the percentages of the legislation being upheld, probably forcing a ban or sale of the app.
The stakes are excessive. Companies not complying face penalties of $5,000 per person for information violations after a 90-day grace interval, which might immediate pre-emptive motion from app shops.
President-elect Donald Trump, set to be inaugurated a day after the ban takes impact, has filed a short urging the Supreme Court docket to delay the statute. Trump seeks time for a negotiated decision, opposing the ban however refraining from addressing the broader First Modification dispute.
The Biden administration helps the ban, citing nationwide safety dangers tied to TikTok’s Chinese language possession. Nevertheless, a Trump-led White Home might shift coverage, complicating the result.
If the court docket prioritizes nationwide safety over free speech issues, TikTok might face elimination from U.S. app shops. Opponents like Meta (NASDAQ:META) and Alphabet (NASDAQ:GOOGL) stand to realize from such an final result.
TikTok’s destiny now hinges on the Supreme Court docket and the altering political panorama, with January 10 arguments providing vital insights into the case’s route.
