Loading...
Market
What action will ByteDance take in response to the Act by January 19, 2025?
3
Resolution / Starting Odds
Divest ownership • 25%
Seek further legal action • 25%
Comply without divestiture • 25%
No action taken • 25%
Official announcements from ByteDance or news reports
Story
Supreme Court to Hear TikTok's Appeal Against Potential U.S. Ban on January 19, 2025, Citing First Amendment
Dec 18, 2024, 08:08 PM
The U.S. Supreme Court has agreed to hear TikTok's appeal against a law that could lead to the app's ban in the U.S. unless its Chinese parent company, ByteDance, divests its ownership by January 19, 2025. The court will consider whether the law, known as the Protecting Americans from Foreign Adversary Controlled Applications Act, violates the First Amendment by potentially restricting the free speech rights of over 170 million American users. Oral arguments are scheduled for January 10, 2025, just nine days before the law is set to take effect. TikTok and ByteDance argue that the law is unconstitutional and that a divestiture is not feasible within the given timeline. The Biden administration defends the law as necessary for national security, citing concerns about data privacy and the potential for foreign influence.
View original story
Similar markets
Comply with divestment • 25%
Seek further legal action • 25%
Negotiate with U.S. government • 25%
Other response • 25%
Complete divestment from TikTok • 25%
Partial divestment or restructuring • 25%
Legal appeal and no divestment • 25%
Other actions • 25%
ByteDance sells TikTok • 25%
ByteDance retains TikTok • 25%
TikTok operations suspended • 25%
Other action • 25%
ByteDance divests TikTok's U.S. assets • 25%
ByteDance does not divest TikTok's U.S. assets • 25%
ByteDance sells TikTok to a U.S. company • 25%
ByteDance retains TikTok through legal means • 25%
Divest US assets • 33%
No divestment • 33%
Partial divestment • 33%
Divests TikTok • 25%
Does Not Divest • 25%
Finds Alternative Solution • 25%
Awaiting Supreme Court Decision • 25%
Sell TikTok's US operations • 25%
Implement stricter privacy measures • 25%
Fight the lawsuit in court • 25%
Other • 25%
Sell U.S. Operations • 25%
Cease U.S. Operations • 25%
Win Legal Battle • 25%
Other Action • 25%
Sell U.S. assets • 25%
Move data storage out of China • 25%
No significant changes • 25%
Other actions • 25%
Complete Sale • 25%
Spin-off • 25%
Joint Venture • 25%
Other • 25%
Relocate operations • 25%
Seek legal action • 25%
Negotiate with U.S. government • 25%
Other actions • 25%
Seek Supreme Court intervention • 25%
Negotiate with U.S. government • 25%
Comply with the ban • 25%
Other actions • 25%