ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
A change to China’s export rules could give Beijing sign off on any deal that would force the internet giant ByteDance to give up TikTok.
The Supreme Court Friday decided to uphold a law that bans TikTok starting on Sunday, unless the social media app is sold off by its Chinese parent company. Several parties have expressed interest in buying the popular platform,
The Supreme Court seemed to lean Thursday toward upholding a law forcing Chinese parent company ByteDance to sell off TikTok, with all nine justices indicating national security concerns posed by the social media app outweighed potential threats to free speech.
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S.
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one buys the app.
There are the TikTok creators who fear losing their audiences and have been frantically trying to persuade their fans to follow them on Instagram and YouTube, and the e-commerce brands and drop-shippers that are going to have to find other places to sell their stuff.
TikTok plans to cease operations in the United States on Sunday unless President Joe Biden intervenes before he leaves office one day later.
If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time.
On Friday, the United States Supreme Court finished debates on whether or not to uphold the incoming ban on a popular social media platform.
Business moguls should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.