TikTok could shut down unless Supreme Court blocks or delays U.S. ban

Sharing is Caring!

In one of the most important cases of the social media age, free speech and national security collide at the Supreme Court on Friday in arguments over the fate of TikTok, a wildly popular digital platform that roughly half the people in the United States use for entertainment and information.

See also  Rise of gene-editing technology in Australia and beyond ‘could have profoundly devastating effects’ on Western society

TikTok could shut down the social media site in the U.S. by Jan. 19 unless the Supreme Court strikes down or otherwise delays the effective date of a law aimed at forcing TikTok’s sale by its Chinese parent company.

“Absent such relief, the Act will take effect on January 19, 2025,” TikTok said in a Dec. 9 legal filing. “That would shut down TikTok—one of the Nation’s most popular speech platforms — for its more than 170 million domestic monthly users on the eve of a presidential inauguration.”

See also  The combination of the Fed's rate cuts and a drop in RRP usage could set the stage for liquidity strains, potentially leading to another repo crisis similar to what happened in 2019.

https://www.cbsnews.com/news/tiktok-trial-ban-appeal-bytedance/


38 views