TikTok Faces Potential U.S. Ban as Legal and Ownership Challenges Loom

A federal court ruling and impending January deadline leave TikTok's U.S. operations vulnerable, with options narrowing to a Supreme Court appeal or a possible sale.

A federal appeals court upheld a law requiring TikTok's Chinese parent company, ByteDance, to sell its U.S. operations or face a ban by January 19, 2025.
TikTok plans to appeal the ruling to the Supreme Court, citing First Amendment concerns and seeking an injunction to delay the ban while the case is reviewed.
Frank McCourt, a billionaire investor, has proposed a $20 billion bid to acquire TikTok's U.S. operations, emphasizing a vision of a decentralized and privacy-focused platform without the current algorithm.
The Supreme Court's decision could set a precedent, as this is the first time a U.S. app faces a potential ban under a constitutional challenge tied to national security concerns.
Creators and businesses reliant on TikTok are preparing for its possible shutdown, exploring alternative platforms to maintain their audiences and revenue streams.