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Who will potentially acquire TikTok's U.S. operations by January 19, 2025?
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Resolution / Starting Odds
Elon Musk • 25%
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Other • 25%
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Official announcements or credible news reports
Story
Supreme Court Upholds Law Requiring TikTok to Divest from ByteDance by Sunday or Face U.S. Ban
Jan 17, 2025, 03:04 PM
The U.S. Supreme Court has upheld a law that requires TikTok to divest from its Chinese parent company, ByteDance, by Sunday or face a nationwide ban. The unanimous, unsigned decision clears the way for the enforcement of the statute, which was passed with bipartisan support in Congress last April. The court concluded that the law does not violate the First Amendment rights of TikTok and its users, despite arguments from the company and content creators that it infringes on their free speech rights. The decision comes just days before the law is set to take effect, potentially leading to TikTok's shutdown in the U.S. if no divestiture occurs.
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