Market
Ownership of TikTok's U.S. operations by January 19, 2024
3
Resolution / Starting Odds
ByteDance • 25%
U.S. Company • 25%
Joint Venture • 25%
Other • 25%
Official announcements from TikTok, ByteDance, or acquiring company regarding ownership.
Story
Trump Files Amicus Brief Urging Supreme Court to Delay January 19 TikTok Ban
Dec 28, 2024, 12:02 AM
President-elect Donald Trump has filed an amicus brief with the U.S. Supreme Court, requesting a delay of the implementation of a law that would ban TikTok in the United States on January 19, the day before his inauguration. The Supreme Court is scheduled to hear TikTok's challenge against the ban on January 10. Trump argues that pausing the ban would allow his administration to pursue a 'negotiated resolution' to address national security concerns associated with the popular social media app. This move comes shortly after President Biden's Justice Department filed its main brief to the Supreme Court on the matter. TikTok, owned by Chinese company ByteDance, faces a deadline to sell its U.S. operations or face a ban under the current law.
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