TikTok's Fight Against the Ban: Nine-Month Countdown for a Non-Chinese Buyer or Shutdown in the US
The text discusses the potential ban of TikTok in the US due to its Chinese ownership.
President Joe Biden signed a bill giving TikTok 270 days, or roughly nine months, to find a non-Chinese buyer.
If no buyer is found, the app will be banned.
TikTok has announced its intention to fight the law.
The deadline can be extended once by 90 days.
The White House has the authority to extend the deadline for TikTok to operate in the US by 90 days.
During this time, the app will continue to be accessible to its 170 million US users.
TikTok intends to challenge the law in US courts, arguing that it infringes upon free speech rights.
The company has previous success in this area, as a similar ban was temporarily blocked by a federal judge in 2020.
Negotiations for a potential sale of TikTok to Oracle and Walmart also occurred but were unsuccessful.
President Biden signed a new executive order aimed at addressing legal challenges to the potential sale of TikTok's US operations.
The order seeks to address national security concerns, and some experts believe the Supreme Court could allow national security considerations to override free speech protection.
Former President Trump, who is running against Biden, has recently expressed opposition to the potential ban, stating that it would benefit Meta, the owner of Facebook and Instagram.
It remains unclear who will ultimately purchase TikTok's US operations.
If no buyer is found, the app will be banned.
TikTok has announced its intention to fight the law.
The deadline can be extended once by 90 days.
The White House has the authority to extend the deadline for TikTok to operate in the US by 90 days.
During this time, the app will continue to be accessible to its 170 million US users.
TikTok intends to challenge the law in US courts, arguing that it infringes upon free speech rights.
The company has previous success in this area, as a similar ban was temporarily blocked by a federal judge in 2020.
Negotiations for a potential sale of TikTok to Oracle and Walmart also occurred but were unsuccessful.
President Biden signed a new executive order aimed at addressing legal challenges to the potential sale of TikTok's US operations.
The order seeks to address national security concerns, and some experts believe the Supreme Court could allow national security considerations to override free speech protection.
Former President Trump, who is running against Biden, has recently expressed opposition to the potential ban, stating that it would benefit Meta, the owner of Facebook and Instagram.
It remains unclear who will ultimately purchase TikTok's US operations.
Translation:
Translated by AI
