U.S. Supreme Court Upholds TikTok Ban

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The Supreme Court’s decision to uphold the TikTok ban on Friday brought the ban closer to reality.

Justices rejected a challenge that claimed the ban on the well-known social media video app violated free speech. In the United States, TikTok will be prohibited by the law. A. If the owner of the app, Beijing-based ByteDance, doesn’t sell it by Sunday.

The Supreme Court recently upheld the lower court’s unanimous decision, approved by judges appointed by Democratic and Republican presidents. According to the Department of Justice, TikTok has access to American data, shares it with the Chinese government, and can alter app content to influence American sentiment.

There are little signs that TikTok will complete a sale before the law that mandates the company find a new, non-Chinese owner or risk being banned takes effect on Sunday.

170 million Americans may lose access to a platform they use for entertainment, news, and community, or even to run a business.

TikTok made an effort to block the ban, arguing that a ban would violate First Amendment rights and endanger the voices of millions of Americans and that the government has not yet demonstrated that such a security risk has ever occurred.

 

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Olumide Adesina
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
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