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What will be TikTok's next steps in the U.S. if ByteDance fails to divest by January 19, 2025?
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Resolution / Starting Odds
TikTok banned • 25%
TikTok sold to U.S. company • 25%
Legal appeal filed • 25%
Operations continue as is • 25%
Official announcements from TikTok or U.S. regulatory bodies
Story
U.S. Court Upholds TikTok Ban Unless ByteDance Divests by Jan. 19
Dec 6, 2024, 03:23 PM
A U.S. federal appeals court has upheld a law requiring ByteDance, the Chinese parent company of TikTok, to divest its ownership of the popular short-video app in the United States. The ruling means that TikTok faces a potential ban in the U.S. if ByteDance does not meet the January 19 deadline to sell the app. This decision could significantly impact the social media landscape, potentially benefiting competitors like Meta Platforms Inc. and Snap Inc. The court's decision comes amidst discussions of potential policy changes under a Trump administration, although Trump has indicated he would reverse the ban.
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No sale completed, TikTok banned • 25%
Extension granted • 25%
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ByteDance retains TikTok • 25%
TikTok operations suspended • 25%
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Other outcome • 25%
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Other • 25%
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No action taken • 25%
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Divest US assets • 33%
No divestment • 33%
Partial divestment • 33%
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ByteDance sells to a non-US company • 25%
ByteDance does not sell • 25%
Other outcome • 25%
Divestiture completed • 25%
Divestiture announced but not completed • 25%
No divestiture • 25%
Legal challenge delaying divestiture • 25%
