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What will be the outcome of ByteDance's compliance with the U.S. divestment order by January 19, 2025?
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Resolution / Starting Odds
Complete divestment • 25%
Partial divestment • 25%
No divestment • 25%
Extension granted • 25%
Official announcements from ByteDance or U.S. regulatory bodies
Story
U.S. Court Upholds TikTok Ban Unless ByteDance Divests by Jan. 19
Dec 6, 2024, 03:23 PM
A U.S. federal appeals court has upheld a law requiring ByteDance, the Chinese parent company of TikTok, to divest its ownership of the popular short-video app in the United States. The ruling means that TikTok faces a potential ban in the U.S. if ByteDance does not meet the January 19 deadline to sell the app. This decision could significantly impact the social media landscape, potentially benefiting competitors like Meta Platforms Inc. and Snap Inc. The court's decision comes amidst discussions of potential policy changes under a Trump administration, although Trump has indicated he would reverse the ban.
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Divestiture completed • 25%
Legal challenge delaying divestiture • 25%
No divestiture • 25%
Divestiture announced but not completed • 25%
No sale completed, TikTok banned • 25%
Sold to a non-U.S., non-Chinese company • 25%
Sold to a U.S. company • 25%
Extension granted • 25%
Divestment completed • 33%
Ban implemented • 33%
Deadline extended • 34%
Extension Granted • 25%
No Divestment • 25%
Divestment Completed • 25%
Divestment Announced • 25%
No action taken • 25%
Divestment completed • 25%
Extension granted • 25%
TikTok banned • 25%
Joint Venture • 25%
Spin-off • 25%
Complete Sale • 25%
Other • 25%
Extension granted • 25%
Successful divestiture • 25%
Nationwide ban enforced • 25%
Other • 25%
Partial Compliance • 25%
Full Compliance • 25%
No Compliance • 25%
Other Outcome • 25%
Seeks legal action • 25%
Complies with divestment • 25%
Fails to comply • 25%
Negotiates alternative solution • 25%
Does Not Divest • 25%
Finds Alternative Solution • 25%
Awaiting Supreme Court Decision • 25%
Divests TikTok • 25%
Sold to MrBeast • 25%
Not sold, not banned • 25%
Not sold, banned • 25%
Sold to another buyer • 25%