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What will be the outcome of ByteDance's divestiture of TikTok's US assets by January 19, 2024?
2
Resolution / Starting Odds
ByteDance sells to a US company • 25%
ByteDance sells to a non-US company • 25%
ByteDance does not sell • 25%
Other outcome • 25%
Public announcement or official documents
Story
21 States, 50 US Lawmakers Back DOJ in TikTok Lawsuit on Friday
Aug 2, 2024, 11:20 PM
A group of 21 states and more than 50 US lawmakers have backed the Justice Department on Friday in its defense of a law requiring China-based ByteDance to sell TikTok's US assets by January 19 or face a ban. The bipartisan support was demonstrated through an amicus brief filed in defense of the Protecting Americans from Foreign Adversary Controlled Applications Act in the case TikTok v. Garland. The brief argues that TikTok's challenge to the Divestiture Act is meritless and addresses the threat posed by Chinese ownership of the app.
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Sold to a U.S. company • 25%
Sold to a non-U.S., non-Chinese company • 25%
No sale completed, TikTok banned • 25%
Extension granted • 25%
Divestiture completed • 25%
Divestiture announced but not completed • 25%
No divestiture • 25%
Legal challenge delaying divestiture • 25%
Divestment completed • 25%
Extension granted • 25%
No action taken • 25%
TikTok banned • 25%
Divested to a US-based company • 25%
Divested to a non-US-based company • 25%
Remains under ByteDance ownership • 25%
Other • 25%
Complete divestment • 25%
Partial divestment • 25%
No divestment • 25%
Extension granted • 25%
TikTok banned • 25%
ByteDance divests • 25%
Supreme Court blocks ban • 25%
Other outcome • 25%
Divested to US company • 25%
Divested to non-US company • 25%
Remains with ByteDance • 25%
Other outcome • 25%
Divestment Completed • 25%
Divestment Announced • 25%
No Divestment • 25%
Extension Granted • 25%
Sold to a U.S. company • 25%
Sold to a non-U.S. company • 25%
Remains under current ownership • 25%
Operations cease in U.S. • 25%
Divestment completed • 25%
Divestment in progress • 25%
Divestment blocked • 25%
Other outcome • 25%
