TIKTOK BEFORE AUS: Court allowed sales or shutdown until January!

TIKTOK BEFORE AUS: Court allowed sales or shutdown until January!

In a significant legal dispute, Tikkok must accept a bitter defeat after an appellant in Washington has confirmed that the company must either be sold or closed by mid -January 2025. The court decision follows a law that President Joe Biden introduced in April to address the national security concerns about the connections of the popular app to China. According to krone.at the court indicated that the law was in accordance with the American constitution and not to suppress freedom

The subsidiary of the Chinese company bytedance argued that the law violated freedom of speech. However, the Court of Appeal rejected this assertion and emphasized that it was about protecting the American population from possible data measurement customs by the Chinese government. Tikok has 170 million users in the United States, and in their complaint, the company expressed concerns that a separation of bytedance in practice could not be implemented, since this brings with it both business and legal challenges, reports abc.net.au .

threaten restrictions for tikkok

In order to escape the legislative pressure, Tikkok could be forced to initiate a sales procedure, but is classified by Bytedance as unlikely. The legally stipulated period of 270 days for the separation runs, and the US President has the right to extend this period by three months if progress can be seen in the sales negotiations. However, Tiktok has emphasized that the closure of the app could be considered inevitable if no sale succeeds. This will result in a spot landing by January 19, 2025, as the lawsuit says.

Donald Trump, who was sworn in as the new president on January 20, 2025, had already tried to ban Tiktok during his first term. Although he took a restrictive attitude towards the platform in the election campaign, he could try a ban again. In the meantime, some investors show interest in the purchase of Tikkok, including Trump's former finance minister Steven Mnuchin. However, the uncertainties about the future of TikTok remain high because the pressure to separate from bytedance continues to exist.