US businesses will lose $1B in one month if TikTok is banned, TikTok warns
TikTok is doing everything it can to delay a potential ban starting the day before Donald Trump takes office in January.
On Monday, TikTok filed an emergency motion requesting a temporary injunction on a US law that requires its owner, ByteDance, to sell off TikTok by January 19 or else be banned in the US due to national security concerns.
Planning to appeal to the Supreme Court to block the law on First Amendment grounds, TikTok urged the court to delay enforcing the law until SCOTUS has ample time to review the constitutionality of the law, which would impact millions of American speakers who use TikTok each month. TikTok also argued that Trump could “moot” SCOTUS review if he decides to “save” TikTok, as he promised on the campaign trail.
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