Market
What will be the outcome of ByteDance's U.S. operations divestiture by January 19, 2024?
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Resolution / Starting Odds
Divestiture completed • 25%
Divestiture announced but not completed • 25%
No divestiture • 25%
Legal challenge delaying divestiture • 25%
Official statements from ByteDance and U.S. regulatory filings
Story
U.S. Lawmakers Warn Apple, Google to Remove TikTok by January 19, Unless ByteDance Divests Its U.S. Operations
Dec 13, 2024, 04:31 PM
Key lawmakers in the U.S. Congress have issued a warning to Apple Inc. and Alphabet Inc., the parent company of Google, to prepare for the removal of TikTok from their app stores by January 19, 2024. This directive comes in the form of letters sent to the companies, emphasizing the urgency of compliance. The warning follows a recent court ruling that requires TikTok's parent company, ByteDance, to divest its U.S. operations or face a ban. Lawmakers have indicated that TikTok must provide its users and creators with a copy of their data by the deadline to facilitate a potential transition to other platforms. The situation underscores ongoing concerns regarding national security and the influence of the Chinese Communist Party over the popular social media application.
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Sold to a non-U.S., non-Chinese company • 25%
No sale completed, TikTok banned • 25%
Sold to a U.S. company • 25%
Extension granted • 25%
Complete divestment • 25%
Partial divestment • 25%
No divestment • 25%
Extension granted • 25%
Extension granted • 25%
Divestment completed • 25%
No action taken • 25%
TikTok banned • 25%
No Divestment • 25%
Divestment Completed • 25%
Extension Granted • 25%
Divestment Announced • 25%
Nationwide ban enforced • 25%
Successful divestiture • 25%
Extension granted • 25%
Other • 25%
Not sold, not banned • 25%
Sold to another buyer • 25%
Sold to MrBeast • 25%
Not sold, banned • 25%
TikTok banned • 25%
Other outcome • 25%
Supreme Court blocks ban • 25%
ByteDance divests • 25%
Sold to Kevin O'Leary • 25%
Sold to another non-Chinese entity • 25%
Not sold and banned • 25%
Other • 25%
Other outcome • 25%
Full divestment completed • 25%
No divestment, TikTok banned • 25%
Partial divestment • 25%
Divestment completed • 33%
Deadline extended • 34%
Ban implemented • 33%