TikTok
TikTok-loaded phones listed online for thousands amid app ban
Phones preloaded with TikTok are being sold on platforms like eBay and Facebook Marketplace for thousands of dollars, with some listings reaching as high as $50,000. However, it's unclear if buyers are willing to pay such steep prices.
The surge in listings follows a brief period during which TikTok was unavailable for new downloads in the U.S. As of Sunday, users who had already installed the app could continue using it, but the app remains inaccessible for new downloads from Apple and Google app stores. This has created a market for devices preloaded with TikTok and other ByteDance apps like Lemon8 and CapCut.
While some listings are exorbitantly priced, phones selling for a few hundred dollars have garnered the most interest. For example, Nicholas Matthews, a New York resident, listed an iPhone 14 Plus with TikTok for $10,000. As of Friday, the highest bid he received was $4,550. Matthews expressed modest expectations, saying, “I’m just expecting to sell this one phone.”
With approximately 170 million TikTok users in the U.S., the app remains popular despite ongoing regulatory challenges. The ban does not target individual users, meaning those with the app already downloaded can still use it freely.
Trump pauses US TikTok ban with executive order
eBay has yet to comment on the influx of TikTok-loaded phone listings. Meanwhile, President Donald Trump has directed the Justice Department to delay enforcing the ban until early April. However, significant uncertainties remain, including the legality of Trump’s order and the potential sale of TikTok by its China-based parent company, ByteDance.
3 weeks ago
Trump pauses US TikTok ban with executive order
On Monday, US President Donald Trump issued an executive order extending TikTok’s operations for 75 days, a move that offers a reprieve for its users despite ongoing concerns about national security, reports AP.
ByteDance, TikTok’s China-based parent company, was required to secure a U.S. buyer or face a ban by Jan. 19. Trump’s order potentially provides additional time for ByteDance to arrange a sale.
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“I guess I have a warm spot for TikTok,” Trump remarked.
TikTok CEO Shou Zi Chew attended Trump’s inauguration earlier in the day, seated alongside prominent U.S. tech leaders.
Since joining the platform last year, Trump has gained nearly 15 million followers and credited TikTok for helping him connect with younger voters. However, its 170 million U.S. users faced a 12-hour outage between Saturday night and Sunday morning.
The platform went offline shortly before a ban—approved by Congress and upheld by the U.S. Supreme Court—was set to take effect Sunday. Following Trump’s announcement on Monday to temporarily halt the ban, TikTok restored access for existing users. However, Google and Apple have yet to reinstate the app in their stores.
The executive order raises questions about Trump’s strategy to address the regulatory, legal, financial, and geopolitical issues surrounding TikTok.
Origins of the TikTok Ban
TikTok, known for its short-form video content and advanced recommendation algorithm, has long faced scrutiny over its potential use by Beijing for spying or propaganda. This concern predates Trump’s first term.
In 2020, Trump issued executive orders targeting ByteDance and WeChat, another Chinese-owned app. While courts blocked those efforts, Congress passed a law last year mandating TikTok’s sale to a U.S. buyer or a ban.
The law, effective Sunday, allows fines of up to $5,000 per U.S. TikTok user for mobile app stores, such as Apple and Google, and hosting services like Oracle that continue distributing the app.
On Sunday, Trump urged U.S. service providers to keep TikTok operational while he prepared an executive order pausing the ban.
“The order will also ensure no liability for companies that kept TikTok online before it was signed,” Trump wrote on Truth Social.
Could the Law Allow a Delay?
The law includes provisions for a 90-day extension if progress toward a sale is evident before the ban’s effective date. However, Sarah Kreps, director of Cornell University’s Tech Policy Institute, questions whether this extension can apply retroactively.
“Executive orders can’t override existing laws,” Kreps explained. “It’s unclear if the president has the authority to extend a law already in effect.”
Alan Rozenshtein, a law professor at the University of Minnesota, notes that the president may have discretion to interpret what constitutes a “qualified divestiture” under the law, potentially allowing Trump to decide when ByteDance meets the requirements.
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Could ByteDance Sell TikTok?
Despite ByteDance’s reluctance to sell, Beijing hinted at a softer stance on Monday, potentially allowing TikTok’s separation from its Chinese parent company. Chinese Vice President met with U.S. Vice President JD Vance and Elon Musk on Sunday.
Chinese Foreign Ministry spokesperson Mao Ning stressed that business decisions should follow market principles and adhere to Chinese regulations.
Previously, Beijing resisted selling TikTok, portraying the app as a symbol of resistance against U.S. pressure. However, Chinese President Xi Jinping and Trump discussed TikTok during a call on Friday, though specifics were not disclosed.
Trump has proposed a U.S. government-brokered deal for 50% control of TikTok, estimating its value at $500 billion. “It’s worthless without a U.S. buyer,” Trump stated.
Enforcement Challenges
The Justice Department typically enforces federal laws, but Trump’s executive order directs the attorney general to hold off enforcing the TikTok ban for 75 days to reassess the situation.
This delay might face legal challenges but offers TikTok more time.
Trump’s actions could conflict with lawmakers who supported the ban. House Speaker Mike Johnson reiterated the need for ByteDance’s full divestiture, saying, “I think we will enforce the law.”
Kreps noted the issue could raise questions about separation of powers and checks and balances, as enforcement is not solely under the executive branch’s purview.
Potential Legal Hurdles
Senator Tom Cotton of Arkansas highlighted several entities that could pursue enforcement of the ban, including state attorneys general and private organisations.
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Gus Hurwitz, a legal expert, remarked that tech companies often weigh the risk of civil penalties against their business interests. Compliance decisions could become particularly complex if shareholder lawsuits arise.
Companies Respond
Questions remain about the actions of companies supporting TikTok’s servers, such as Oracle and Akamai Technologies, as well as the decisions by Apple and Google to remove the app from their stores.
Oracle, which holds a 12.5% stake in TikTok Global, has not commented. Apple and Google have cited compliance with U.S. laws for pausing downloads.
4 weeks ago
Biden declines to enforce TikTok ban, leaves decision to Trump
President Joe Biden will not implement a TikTok ban scheduled to take effect just before he leaves office, according to a U.S. official. Instead, the app's future now depends on President-elect Donald Trump.
Congress passed a law last year, signed by Biden, requiring TikTok's Chinese parent company, ByteDance, to divest its U.S. operations by Jan. 19, a day before the presidential inauguration. However, the outgoing administration has decided to defer enforcing the law and any associated ban to Trump.
Anonymously discussing the Biden administration’s perspective, the official revealed that Trump, who once advocated banning TikTok, has since promised to keep it operational in the U.S. However, his transition team has not clarified their approach to achieving this.
TikTok CEO Shou Zi Chew is expected to attend Trump’s inauguration, potentially signaling the incoming administration’s intent to prevent the app’s shutdown. National security adviser-designate Mike Waltz told Fox & Friends on Thursday that the federal law permits an extension of the divestment deadline if viable negotiations are underway.
The debate over TikTok has bridged party lines. Senate Democratic Leader Chuck Schumer stated he discussed the issue with Biden, advocating for more time to secure an American buyer and protect the livelihoods of influencers reliant on the platform. However, Republican Senator Tom Cotton blocked a legislative effort to extend the deadline, arguing TikTok has had sufficient time to comply.
“Tiktok is a Chinese Communist spyware app that exploits children, harvests data, and spreads propaganda,” Cotton remarked.
Meanwhile, TikTok’s legal challenge to the divestment law was recently heard by the Supreme Court, where justices appeared inclined to uphold the statute. The law cites national security concerns as grounds for ByteDance’s divestiture or TikTok’s ban in the U.S.
“If the court upholds the law, President Trump is clear: TikTok is a valuable platform, but he will prioritize protecting Americans’ data,” Waltz said. He suggested the administration would work toward a deal to keep the app functional.
In another development, Pam Bondi, Trump’s nominee for attorney general, avoided committing to upholding a TikTok ban during her Senate hearing.
Trump has shifted his stance on TikTok since his initial attempts to ban it during his first term, now praising its role in engaging younger voters during his campaign. He has even credited the platform for boosting his appeal to younger demographics, particularly male voters, and pledged to safeguard TikTok during his campaign.
1 month ago
TikTok's value and potential buyers: Who might buy it?
TikTok, the hugely popular video-sharing platform, faces a potential ban on January 19 due to a federal law that could force it to sever ties with its China-based parent company, ByteDance, or cease its operations in the U.S, reports AP.
Several parties have shown interest in acquiring TikTok, but ByteDance has consistently stated it has no intention of selling. Experts have also highlighted that the Chinese government is unlikely to approve a sale that includes TikTok’s prized algorithm.
However, until the deadline passes or the Supreme Court intervenes, the possibility of a sale remains open. Here’s a breakdown:
What is TikTok’s valuation?
According to Wedbush analyst Dan Ives, TikTok’s value is “well over $100 billion” with its algorithm, and in an ideal scenario, it could be worth up to $200 billion. Without the algorithm, Ives estimates its value to be between $40 billion and $50 billion, adding that he doesn’t believe ByteDance or Beijing would agree to sell TikTok without its algorithm.
Lawyers for TikTok and ByteDance have argued that it’s not possible to divest the platform in both commercial and technological terms. They also contend that selling TikTok without its algorithm would effectively isolate the U.S. version of the app, severing it from the global content ecosystem.
U.S. officials have raised concerns that the Chinese government could manipulate the platform’s proprietary algorithm, using it to influence content in ways that would be difficult to detect.
Who is seriously interested in buying TikTok?
Billionaire real estate mogul Frank McCourt and his internet advocacy group have recently proposed purchasing TikTok from ByteDance. Shark Tank investor Kevin O’Leary has also joined the bid, though details about the proposal remain undisclosed.
McCourt, the former owner of the Los Angeles Dodgers, has said that he would aim to restructure TikTok and allow users more control over their digital identities and data. He envisions moving the platform to an open-source protocol to ensure greater transparency.
Former Treasury Secretary Steven Mnuchin has also taken steps to acquire TikTok, stating shortly after the ban was passed that he was assembling an investor group for the purchase. He provided no specifics about the group's composition or TikTok’s valuation.
In addition, figures like Tesla CEO Elon Musk, MrBeast (Jimmy Donaldson), and former Blizzard-Activision CEO Bobby Kotick have been mentioned as potential buyers. However, it’s unclear whether they are seriously pursuing a deal.
Could Trump Intervene? President-elect Donald Trump, who will take office on January 20, has asked the court to pause the law in order to negotiate a “political resolution” during his second term.
If the Supreme Court grants this request, the potential ban on TikTok would be delayed. The Court is expected to make a decision soon.
The Trump transition team has not provided specific details about how he plans to act on his campaign promise to "save TikTok." However, spokeswoman Karoline Leavitt stated in November that Trump intends to fulfill that commitment.
Once Trump is in office, the Justice Department will be responsible for enforcing the law and penalising any potential violators. On Wednesday, Trump’s nominee for Attorney General, Pam Bondi, declined to answer a question on whether she would uphold a TikTok ban during her Senate hearing.
1 month ago
Trump adviser says president-elect exploring options to 'preserve' TikTok
Trump’s pick for national security adviser, Florida Rep. Mike Waltz, said in an interview on Wednesday that the president-elect is exploring options to “preserve” TikTok.
Waltz made the comment when Fox News anchor Bret Baier asked him about a report from The Washington Post that said Trump was considering an executive order to suspend enforcement of a federal law that could ban the popular platform nationwide by Sunday.
Last week, the Supreme Court heard oral arguments in a legal challenge to the statute brought by TikTok, its China-based parent company ByteDance, and users of the app. The Justices seemed likely to uphold the law, which requires ByteDance to divest TikTok on national security grounds or face a ban in one of its biggest markets.
“If the Supreme Court comes out with a ruling in favor of the law, President Trump has been very clear: Number one, TikTok is a great platform that many Americans use and has been great for his campaign and getting his message out. But number two, he’s going to protect their data,” Waltz said.
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“He’s a deal maker. I don’t want to get ahead of our executive orders, but we’re going to create this space to put that deal in place," he added.
Separately on Wednesday, Pam Bondi, Trump’s pick for attorney general, dodged a question during a Senate hearing on whether she’d uphold a TikTok ban.
Trump has reversed his position on the popular app, having tried to ban it during his first term in office over national security concerns. He joined TikTok during his 2024 presidential campaign and his team used it to connect with younger voters, especially male voters, by pushing content that was often macho and aimed at going viral. He pledged to “save TikTok” during the campaign and has credited the platform with helping him win more youth votes.
1 month ago
TikTok’s future at US Supreme Court: Free speech vs security
In a crucial case for the social media era, free speech and national security collide at the Supreme Court on Friday, as arguments unfold over the fate of TikTok, a hugely popular platform used by nearly half of Americans for entertainment and information, report AP.
TikTok has announced plans to shut down in the U.S. by January 19 unless the Supreme Court either overturns or delays the implementation of a law aimed at forcing the sale of the platform by its Chinese parent company.
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With a tight deadline, the justices are also considering a request from President-elect Donald Trump, who has reversed his previous support for a ban, asking for time to reach a “political resolution” to avoid a ruling. It is uncertain whether the court will take the views of the Republican president-elect, a rare attempt to influence a case, into account.
TikTok, along with its parent company ByteDance, and content creators and users, argue that the law is a severe violation of the Constitution’s free speech protections.
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“Rarely, if ever, has the court dealt with a free-speech case that impacts so many people,” the lawyers for the users and creators stated. Many creators are anxiously awaiting a ruling that could threaten their livelihoods and are considering other platforms.
This case is another instance of the court being asked to rule on a medium with which the justices have admitted little familiarity, although they frequently weigh in on significant speech restriction issues.
The Biden administration, defending the law signed by President Joe Biden in April after it was approved by bipartisan majorities in Congress, asserts that “no one can seriously dispute that (China’s) control of TikTok through ByteDance represents a grave threat to national security.”
Officials argue that Chinese authorities could compel ByteDance to hand over data on U.S. TikTok users or manipulate the platform to control information.
However, the government “concedes that it has no evidence China has ever attempted to do so,” TikTok told the justices, adding that limitations on speech should not be justified by fears based on future potential risks.
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In December, a panel of three appellate judges, two appointed by Republicans and one by a Democrat, unanimously upheld the law and rejected the free speech claims under the First Amendment.
Adding to the urgency, the court is hearing arguments just nine days before the law’s scheduled implementation and 10 days before the new administration takes office.
In an unusual move, Trump’s lawyers have asked the court to temporarily block the TikTok ban while waiting for a political resolution rather than making a definitive decision.
“President Trump alone possesses the consummate dealmaking expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the Government — concerns which President Trump himself has acknowledged,” stated D. John Sauer, Trump’s nominee for top Supreme Court lawyer.
Trump has not taken a stance on the case’s merits, with his campaign using TikTok to connect with younger voters, especially males, and holding a meeting with TikTok CEO Shou Zi Chew at Trump’s Mar-a-Lago club in Florida in December. He has 14.7 million followers on the app.
The justices have allotted two hours for arguments, though the session is expected to run longer. Three experienced Supreme Court lawyers will present arguments: Solicitor General Elizabeth Prelogar will defend the law for the Biden administration, former Trump Solicitor General Noel Francisco will represent TikTok and ByteDance, and Stanford Law professor Jeffrey Fisher will argue for the content creators and users in his 50th Supreme Court case.
Should the law be enacted, Trump’s Justice Department would be tasked with its enforcement. Lawyers for TikTok and ByteDance have argued that the new administration might attempt to lessen the law’s most severe consequences.
However, they also contend that a one-month shutdown would result in TikTok losing a third of its U.S. users and significant advertising revenue.
As it deliberates, the court must determine the level of scrutiny to apply to the law. Under strict scrutiny, laws typically fail. However, two appellate judges who upheld the law stated it could be one of the rare exceptions that would survive such a review.
TikTok, its users, and many supporters are urging the court to apply strict scrutiny to strike down the law.
The Democratic administration and some backers of the law argue that restrictions on foreign ownership of media and other sectors of the economy justify efforts to counter Chinese influence, citing the TikTok ban as part of that strategy.
A decision is expected soon.
1 month ago
ByteDance’s Lemon8 gains popularity amid TikTok ban threat
With a potential TikTok ban looming in the US, content creators are increasingly promoting its sister app, Lemon8.
The app, a blend of TikTok’s short-form videos and the visual appeal of Instagram and Pinterest, is owned by ByteDance, the Chinese company behind TikTok, Douyin, and other apps like CapCut and Hypic.
Lemon8 launched in the US in 2023 after debuting in Asian markets but struggled to gain traction compared to TikTok, which boasts over 170 million US users.
However, in the past month, downloads of Lemon8 have surged, making it a top-ranking free app on Apple’s app store. This rise in popularity coincides with a pending Supreme Court decision on a federal law that would require TikTok to sever ties with ByteDance or face a US ban.
TikTok has stated it will shut down its US operations by January 19 if the government wins its case. The ban could also impact other ByteDance-owned apps, including Lemon8, as the law targets any apps operated by the company or its subsidiaries.
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Content creators, some of whom had previously partnered with Lemon8 for promotions, have recently championed the app as a potential alternative to TikTok. Many influencers are posting paid promotions tagged #lemon8partner, reflecting a corporate push to attract users.
However, analysts warn that creators may not fully understand the law’s implications for ByteDance’s other apps, including Lemon8 and CapCut.
Jasmine Enberg, an analyst at Emarketer, suggested ByteDance may be hoping Lemon8 avoids regulatory scrutiny as lawmakers concentrate on TikTok. ByteDance did not comment on the situation.
In November, TikTok announced a feature allowing creators to access Lemon8 with their TikTok accounts, facilitating content sharing across platforms. Like TikTok, Lemon8 features “following” and “For You” feeds, alongside categorized posts in areas such as wellness, relationships, and skincare.
While ByteDance has not disclosed user numbers, research from SimilarWeb indicates Lemon8 has about 1 million daily active users in the US Data from Sensor Tower shows the app had 12.5 million global monthly active users as of December, with US downloads accounting for 70% of the month’s total.
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Downloads spiked on December 19, the day after the Supreme Court announced it would review the TikTok ban law.
Lawmakers have expressed concerns over potential misuse of US user data by Chinese authorities, fueling bipartisan support for the legislation.
1 month ago
Trump asks Supreme Court to delay TikTok ban so he can weigh in after taking office
President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue.
The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by January 19 while the government emphasized its position that the statute is needed to eliminate a national security risk.
“President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case and was written by D John Sauer, Trump’s choice for solicitor general.
The argument submitted to the court is the latest example of Trump inserting himself in national issues before he takes office. The Republican president-elect has already begun negotiating with other countries over his plans to impose tariffs, and he intervened earlier this month in a plan to fund the federal government, calling for a bipartisan plan to be rejected and sending Republicans back to the negotiating table.
He has been holding meetings with foreign leaders and business officials at his Mar-a-Lago club in Florida while he assembles his administration, including a meeting last week with TikTok CEO Shou Chew.
Trump has reversed his position on the popular app, having tried to ban it during his first term in office over national security concerns. He joined the TikTok during his 2024 presidential campaign and his team used it to connect with younger voters, especially male voters, by pushing content that was often macho and aimed at going viral.
He said earlier this year that he still believed there were national security risks with TikTok, but that he opposed banning it.
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The filings Friday come ahead of oral arguments scheduled for January 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment.
The law was was signed by President Joe Biden in April after it passed Congress with broad bipartisan support. TikTok and ByteDance filed a legal challenge afterwards.
Earlier this month, a panel of three federal judges on the US Court of Appeals for the District of Columbia Circuit unanimously upheld the statute, leading TikTok to appeal the case to the Supreme Court.
The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.”
In their brief to the Supreme Court on Friday, attorneys for TikTok and its parent company ByteDance argued the federal appeals court erred in its ruling and based its decision on “alleged ‘risks’ that China could exercise control” over TikTok’s US platform by pressuring its foreign affiliates.
The Biden administration has argued in court that TikTok poses a national security risk due to its connections to China. Officials say Chinese authorities can compel ByteDance to hand over information on TikTok’s US patrons or use the platform to spread or suppress information.
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But the government “concedes that it has no evidence China has ever attempted to do so,” TikTok’s legal filing said, adding that the US fears are predicated on future risks.
In its filing Friday, the Biden administration said because TikTok “is integrated with ByteDance and relies on its propriety engine developed and maintained in China,” its corporate structure carries with it risk.
1 month ago
Albanian prime minister says TikTok ban was not a 'rushed reaction to a single incident'
Albania’s Prime Minister clarified Sunday that the recently announced TikTok ban was not a hasty response to a single event but rather a well-considered measure.
On Saturday, Prime Minister Edi Rama declared that the government would block TikTok for one year, citing concerns over its role in promoting violence and bullying, particularly among minors.
Authorities have engaged in 1,300 discussions with educators and parents since a tragic incident in November, where a teenager was fatally stabbed by another teen following an argument that began on social media. Reports indicate that 90% of participants supported the ban.
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“The one-year TikTok ban is not a knee-jerk reaction but a thoughtful decision reached through consultations with parents in schools nationwide,” Rama stated.
TikTok has since requested “urgent clarification” from the Albanian authorities regarding the teenager’s stabbing. The company maintained that neither the victim nor the perpetrator had TikTok accounts and asserted that videos linked to the incident had circulated on another platform.
Rama countered that dismissing TikTok’s connection to the tragedy overlooks the broader risks posed by the platform’s algorithms. “Albania may lack the leverage to compel TikTok to safeguard children, but we will not hesitate to shield our youth from its harmful effects,” he said. Rama accused the app of perpetuating hate speech, violence, and bullying.
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Studies indicate that children constitute the majority of TikTok users in Albania, prompting rising parental concerns about reports of students bringing weapons to schools, allegedly influenced by TikTok content.
While many Albanian youths oppose the ban, viewing TikTok as a source of entertainment and self-expression, parents back the decision. “We either ensure TikTok protects Albanian children, or we protect them from TikTok,” Rama emphasized.
1 month ago
TikTok faces possible US ban, what’s next?
TikTok is edging closer to a possible ban in the United States, raising questions about the platform’s future, reports AP.
On Friday, a federal appeals court upheld a law requiring TikTok to sever ties with its China-based parent company, ByteDance, or face a ban by mid-January. The U.S. Court of Appeals for the District of Columbia Circuit unanimously ruled that the law was constitutional, rejecting claims from TikTok and ByteDance that it violated their rights and those of U.S. users.
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The government argues that TikTok poses national security risks due to ByteDance’s potential susceptibility to Chinese government influence. Although no public evidence of misuse has been provided, officials remain concerned about possible data access or information manipulation.
The law allows ByteDance to divest its stakes in TikTok. If that fails and TikTok is banned, it could significantly disrupt the lives of creators dependent on the platform for income and the broader user base who use it for entertainment and connection.
Trump promised to 'save TikTok'. What happens next is less clear
Key points from the ruling:
The appeals court, in an opinion by Judge Douglas Ginsburg, deemed the law carefully tailored to address foreign adversary control. It dismissed claims that the law constituted an unconstitutional bill of attainder, violated the Fifth Amendment, or infringed on the First Amendment since the government isn’t attempting to suppress or mandate content on TikTok.
Next steps:
TikTok and ByteDance plan to appeal to the Supreme Court. While the Court’s decision to take the case remains uncertain, the companies aim to secure an emergency stay to block the January 19 deadline. Legal experts anticipate prolonged proceedings.
Some creators remain optimistic. TikTok supporter Tiffany Cianci believes the platform has stronger chances at the Supreme Court, viewing the ruling as typical deference to the executive branch at lower court levels.
The Trump factor:
President-elect Donald Trump, who initially sought to ban TikTok during his first term, now opposes such a move. His Justice Department would be tasked with enforcing or potentially re-evaluating the law after his inauguration. Trump could seek alternative solutions, including facilitating an American acquisition of TikTok or urging Congress to repeal the law. However, any action would require bipartisan cooperation, which remains uncertain.
Prospective buyers:
While ByteDance has ruled out selling TikTok, potential buyers have shown interest despite challenges posed by Chinese export controls on the platform’s proprietary algorithm. Without the algorithm, a sale would leave the buyer with only a diluted version of the app. Notable figures like Steven Mnuchin and
Frank McCourt have expressed interest, with McCourt’s initiative reportedly gathering informal commitments exceeding $20 billion in capital.
As TikTok navigates its uncertain path, the stakes are high for creators, users, and stakeholders awaiting the Supreme Court’s next move.
2 months ago