Market
What action will ByteDance take in response to the Act by January 19, 2025?
3
Resolution / Starting Odds
Divest ownership • 25%
Seek further legal action • 25%
Comply without divestiture • 25%
No action taken • 25%
Official announcements from ByteDance or news reports
Story
Supreme Court to Hear TikTok's Appeal Against Potential U.S. Ban on January 19, 2025, Citing First Amendment
Dec 18, 2024, 08:08 PM
The U.S. Supreme Court has agreed to hear TikTok's appeal against a law that could lead to the app's ban in the U.S. unless its Chinese parent company, ByteDance, divests its ownership by January 19, 2025. The court will consider whether the law, known as the Protecting Americans from Foreign Adversary Controlled Applications Act, violates the First Amendment by potentially restricting the free speech rights of over 170 million American users. Oral arguments are scheduled for January 10, 2025, just nine days before the law is set to take effect. TikTok and ByteDance argue that the law is unconstitutional and that a divestiture is not feasible within the given timeline. The Biden administration defends the law as necessary for national security, citing concerns about data privacy and the potential for foreign influence.
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Comply with divestment • 25%
Other response • 25%
Negotiate with U.S. government • 25%
Seek further legal action • 25%
Complete divestment from TikTok • 25%
Other actions • 25%
Legal appeal and no divestment • 25%
Partial divestment or restructuring • 25%
No action taken • 25%
Legal challenge • 25%
Divestment of TikTok • 25%
Partnership with US company • 25%
Sold to non-US company • 25%
Not sold • 25%
Announced intent to sell • 25%
Sold to US company • 25%
Other action • 25%
ByteDance retains TikTok • 25%
ByteDance sells TikTok • 25%
TikTok operations suspended • 25%
Continues operations without compliance • 25%
Permanently shuts down TikTok in the U.S. • 25%
Sells TikTok to a non-China-based company • 25%
Negotiates a delay or solution with U.S. government • 25%
Other • 25%
Sell TikTok US operations • 25%
Comply with the ban • 25%
Appeal the ban • 25%
Does Not Divest • 25%
Awaiting Supreme Court Decision • 25%
Finds Alternative Solution • 25%
Divests TikTok • 25%
Cease U.S. Operations • 25%
Other Action • 25%
Win Legal Battle • 25%
Sell U.S. Operations • 25%
Other • 25%
Spin-off • 25%
Complete Sale • 25%
Joint Venture • 25%
Complete withdrawal from U.S. market • 25%
Divestment from TikTok • 25%
Other • 25%
Legal challenge • 25%
Public relations campaign • 25%
No action taken • 25%
Other • 25%
Algorithm changes • 25%