How will ByteDance comply with TikTok divestment by January 19, 2025?
Complete Sale • 25%
Spin-off • 25%
Joint Venture • 25%
Other • 25%
Official statements from ByteDance or relevant regulatory bodies
D.C. Circuit Denies TikTok's Request to Delay January 19, 2025 Ban; ByteDance Files Emergency Appeal with Supreme Court
Dec 16, 2024, 05:35 PM
The D.C. Circuit Court of Appeals has denied TikTok's emergency request to delay a ban set to take effect on January 19, 2025. The court ruled that while the First Amendment protects speech, the government is justified in taking action against a foreign adversary. TikTok's parent company, ByteDance, must divest the app by the deadline to avoid a nationwide ban. Following the court's decision, TikTok has filed an emergency appeal with the U.S. Supreme Court, seeking to block the implementation of the law requiring the divestment. The appeal comes as TikTok faces an impending deadline and potential ban unless it finds a new owner by the specified date.
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Divests TikTok • 25%
Finds Alternative Solution • 25%
Does Not Divest • 25%
Awaiting Supreme Court Decision • 25%
No divestment, TikTok banned • 25%
Partial divestment • 25%
Full divestment completed • 25%
Other outcome • 25%
Divestment Announced • 25%
Divestment Completed • 25%
Extension Granted • 25%
No Divestment • 25%
Appeal Denied • 33%
No Decision by Deadline • 34%
Appeal Granted • 33%
Non-U.S. Tech Company • 25%
U.S. Tech Company • 25%
Private Equity Firm • 25%
Other • 25%