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Stockreport

What is TikTok's fate? With ban less than 1 week away, here's what we know. [USA TODAY]

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By the end, the justices appeared ready to allow the U.S. government to force TikTok's Chinese parent company to sell the company or go dark. Last spring, President Joe Biden signed legislation into law that requires TikTok's parent company, ByteDance, to sell the popular social media platform or face a ban on national security grounds.The social media giant wants to delay enforcing the law, scheduled for Jan. 19, which they say violates the U.S. Constitution's First Amendment protection against government abridgment of free speech. If the ban takes effect on Sunday, Apple and Google would no longer be able to offer TikTok for downloads for new users, but existing users could still access the app. The U.S. government and TikTok agree that the app would degrade and eventually become unusable over time because companies would not be able to offer support services. President-elect Donald Trump is scheduled to be sworn into office on Jan. 20 - just one day after the ban could be imp [Read more]

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