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Market
What actions will ByteDance take in response to the U.S. ban threat by January 19, 2025?
2
Resolution / Starting Odds
Complete divestment from TikTok • 25%
Partial divestment or restructuring • 25%
Legal appeal and no divestment • 25%
Other actions • 25%
Official announcements from ByteDance or news reports
Story
DOJ Urges Court to Reject TikTok's Bid to Block U.S. Ban, Citing National Security
Dec 13, 2024, 03:15 AM
The Department of Justice (DOJ) has asked a U.S. appeals court to reject TikTok's effort to block a law that would force the company to divest from its Chinese-based parent company, ByteDance, or face a ban in the U.S. on January 19, 2025. The law, signed by President Joe Biden, aims to address national security concerns related to data collection and potential content manipulation by the Chinese government. TikTok has filed an emergency motion to halt the ban, arguing that a small delay would not cause serious national security concerns. The DOJ contends that the continued control of TikTok by ByteDance poses a significant threat to national security. Despite President-elect Donald Trump's campaign promise not to support a TikTok ban, the company has expressed its intent to appeal the decision, citing the platform's popularity and its role as a major speech platform in the U.S.
View original story
Similar markets
Partnership with U.S. company • 25%
Legal action against U.S. government • 25%
Operational changes • 25%
No significant action • 25%
Relocate operations • 25%
Seek legal action • 25%
Negotiate with U.S. government • 25%
Other actions • 25%
Comply with divestment • 25%
Seek further legal action • 25%
Negotiate with U.S. government • 25%
Other response • 25%
Divest ownership • 25%
Seek further legal action • 25%
Comply without divestiture • 25%
No action taken • 25%
Sell U.S. assets • 25%
Move data storage out of China • 25%
No significant changes • 25%
Other actions • 25%
Seek Supreme Court intervention • 25%
Negotiate with U.S. government • 25%
Comply with the ban • 25%
Other actions • 25%
Relocate headquarters • 25%
Sell U.S. operations • 25%
Legal action • 25%
No significant action • 25%
Divests TikTok • 25%
Does Not Divest • 25%
Finds Alternative Solution • 25%
Awaiting Supreme Court Decision • 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%
