The U.S. Supreme Court has upheld a law that could lead to TikTok being banned from U.S. app stores by January 19, 2024, unless ByteDance, its Chinese owner, sells the app. This decision stems from national security concerns over data collection and foreign control. The law, named the Protecting Americans from Foreign Controlled Applications Act, was signed by President Joe Biden last year. It requires app stores like Apple and Google to stop offering TikTok for download, although existing users could continue using the app without updates, eventually rendering it obsolete. The court’s decision was unanimous, with Justices Sotomayor and Gorsuch providing concurring opinions. The law allows for a one-time extension of up to 90 days if progress towards a qualified divestiture is shown. TikTok has 170 million U.S. users, and its potential ban could significantly impact the creator economy, advertising, and cultural trends. The decision has sparked interest from potential buyers like Project Liberty, but the sale of TikTok’s algorithm, a key component of its appeal, would require approval from the Chinese government, which is unlikely.
Source: deadline.com
