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Who will acquire TikTok if divested by January 19, 2025?
2
Resolution / Starting Odds
U.S. Tech Company • 25%
Non-U.S. Tech Company • 25%
Private Equity Firm • 25%
Other • 25%
Official announcements from ByteDance or the acquiring company
Story
D.C. Circuit Denies TikTok's Request to Delay January 19, 2025 Ban; ByteDance Files Emergency Appeal with Supreme Court
Dec 16, 2024, 05:35 PM
The D.C. Circuit Court of Appeals has denied TikTok's emergency request to delay a ban set to take effect on January 19, 2025. The court ruled that while the First Amendment protects speech, the government is justified in taking action against a foreign adversary. TikTok's parent company, ByteDance, must divest the app by the deadline to avoid a nationwide ban. Following the court's decision, TikTok has filed an emergency appeal with the U.S. Supreme Court, seeking to block the implementation of the law requiring the divestment. The appeal comes as TikTok faces an impending deadline and potential ban unless it finds a new owner by the specified date.
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