Market
Story
DOJ Asks Court to Reject TikTok's Bid to Block ByteDance Divestment; Apple and Google Warned for January 19 Deadline
Dec 13, 2024, 04:21 PM
The U.S. Department of Justice (DOJ) has requested that a federal appeals court reject TikTok's emergency bid to block a law mandating its Chinese parent company, ByteDance, to divest the app by January 19, 2025, or face a ban in the United States. This law, enacted in April, requires TikTok to sever ties with ByteDance, emphasizing the urgency of compliance. In parallel, key lawmakers have warned Apple and Google that they must be prepared to remove TikTok from their app stores by the same deadline. This directive underscores the increasing pressure on TikTok to address national security concerns associated with its Chinese ownership. TikTok is currently contesting this law in court, arguing that without an injunction, it will be forced out of mobile app stores by the deadline. The situation remains fluid as the deadline approaches, with significant implications for the app's future in the U.S. market.
View original story
Similar markets
Remove TikTok • 25%
Keep TikTok • 25%
Delay decision • 25%
Other action • 25%
Remove TikTok • 25%
Do Not Remove TikTok • 25%
No Action Announced • 25%
Announce Removal Plan • 25%
Keep TikTok • 33%
Remove TikTok • 33%
No decision by deadline • 34%
Restrict access to TikTok in the US • 25%
Continue offering TikTok without changes • 25%
Announce future removal or restrictions • 25%
Remove TikTok from their platforms • 25%
Keep TikTok available • 25%
Other actions • 25%
Announce plans to remove if no sale • 25%
Remove TikTok from app stores • 25%
Supreme Court intervention • 25%
Other • 25%
Political resolution reached • 25%
Ban enforced • 25%
TikTok is banned from U.S. app stores • 25%
TikTok wins appeal and continues operations • 25%
Other outcome • 25%
ByteDance sells TikTok's U.S. operations • 25%
Not banned, but ByteDance divests • 25%
Banned • 25%
Other outcome • 25%
Not banned, no divestment • 25%
ByteDance divestment • 25%
Supreme Court decision • 25%
No resolution • 25%
Political resolution by Trump • 25%
Negotiated settlement • 25%
Court ruling enforcement • 25%
Other resolution • 25%
Legislative action • 25%
Continues operations without change • 25%
Acquired by Elon Musk • 25%
Acquired by another entity • 25%
Banned in the U.S. • 25%