Market
What will be the resolution of TikTok's ownership by January 19, 2025?
3
Resolution / Starting Odds
ByteDance retains ownership • 25%
U.S. ownership • 25%
International ownership • 25%
Other resolution • 25%
Official announcements from ByteDance or relevant stakeholders
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
Ownership Structure is Dissolved • 25%
Ownership Changes to Project Liberty • 25%
Ownership Remains Unchanged • 25%
Ownership Changes to Another Entity • 25%
Other resolution • 25%
Banned in the U.S. • 25%
Operates under U.S. subsidiary • 25%
Sold to non-Chinese company • 25%
U.S. majority ownership • 25%
U.S. minority ownership • 25%
No U.S. ownership • 25%
Other • 25%
Remains with ByteDance • 25%
Owned by MrBeast • 25%
Owned by another entity • 25%
Banned in the US • 25%
TikTok sold to U.S. company • 25%
TikTok remains with ByteDance • 25%
New partnership deal • 25%
TikTok banned in the U.S. • 25%
Remains with ByteDance • 25%
Other • 25%
Sold to US company • 25%
Joint US-China ownership • 25%
Sold to U.S. company • 25%
Other outcome • 25%
Remains with ByteDance • 25%
Banned in U.S. • 25%
ByteDance retains ownership • 25%
Banned in the US • 25%
Sold to non-US company • 25%
Sold to US company • 25%
Negotiated settlement • 25%
Other resolution • 25%
Legislative action • 25%
Court ruling enforcement • 25%
Not acquired • 25%
No acquisition • 25%
Acquired by American company • 25%
Acquired by non-American company • 25%
No resolution • 25%
Supreme Court decision • 25%
Political resolution by Trump • 25%
ByteDance divestment • 25%
Negotiated settlement • 25%
No change • 25%
Ban • 25%
Sale • 25%