• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

US asks court to reject TikTok’s bid to stave off law that could ban the app

by December 12, 2024
written by December 12, 2024

By David Shepardson

WASHINGTON (Reuters) -The Justice Department late on Wednesday asked a U.S. appeals court to reject an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest the short-video app by Jan. 19 or face a ban.

TikTok and ByteDance on Monday filed the emergency motion with the U.S. Court of Appeals for the District of Columbia pending a review by the U.S. Supreme Court. They warned that without court action the law will “shut down TikTok — one of the nation’s most popular speech platforms — for its more than 170 million domestic monthly users.”

The Justice Department said the court should not delay the law’s effective date arguing “continued Chinese control of the TikTok application poses a continuing threat to national security.”

TikTok did not immediately respond to a request for comment.

DOJ said Wednesday if the ban takes effect on Jan. 19 it would “not directly prohibit the continued use of TikTok” by users who had downloaded TikTok but it conceded that the effect of the prohibitions on providing support “will eventually be to render the application unworkable.”

On Friday, a three-judge panel of the appeals court upheld the law requiring ByteDance to soon divest TikTok in the United States face a ban in just six weeks.

The companies noted President-elect Donald Trump has vowed to prevent a ban, arguing the delay “will give the incoming administration time to determine its position.”

The decision – unless the Supreme Court reverses it – puts TikTok’s fate first in the hands of President Joe Biden on whether to grant a 90-day extension of the Jan. 19 deadline to force a sale and then of Trump, who takes office on Jan. 20.

Trump, who unsuccessfully tried to ban TikTok during his first term in 2020, said before the November presidential election he would not allow the ban on TikTok. 

The decision upholds the law that gives the U.S. government sweeping powers to ban other foreign-owned apps that could raise concerns about collection of Americans’ data. In 2020, Trump also tried to ban Tencent-owned WeChat, but was blocked by the courts.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
ChatGPT experiences global outage, OpenAI says working on a fix
next post
Asia stocks rise as US inflation cements rate cut bets, China policy meet in focus

You may also like

Adani, Ambani news units sue OpenAI over copyright,...

March 13, 2026

China’s DeepSeek sets off AI market rout

March 13, 2026

BASF results down on impairments, restructuring

March 13, 2026

Nasdaq futures tumble as China’s AI push rattles...

March 13, 2026

European chipmakers slump as traders gauge DeepSeek AI...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China Vanke’s CEO, chairman resign amid growing liquidity...

March 13, 2026

Italy’s MPS shares fall ahead of Mediobanca board...

March 13, 2026

UMG shares rally after new multi-year pact with...

March 13, 2026

British Land stock drops following stake sale

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

      May 2, 2026
    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

      May 2, 2026
    • The Onion’s bid to take over Alex Jones’ Infowars is in limbo as new court battles emerge

      May 2, 2026
    • Republican state attorneys general join lawsuit to stop $6.2B local TV merger

      May 1, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (737)
    • Stock (6,426)

    Latest News

    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears
    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

    Popular News

    • Factbox-Final minutes of Jeju Air flight before South Korea’s deadliest air disaster
    • European markets begin the week on a positive note

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy