A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
TikTok has just ten days until it faces a possible ban in the US. If the Supreme Court declines to halt the law before January 19th, and TikTok isn’t spun off from its Chinese parent company ByteDance, companies like Apple and Google will be forced to stop maintaining the app in their app stores or letting it push updates.
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
Billions in advertising flows through TikTok, which could be banned in the U.S. as soon as Jan. 19. Brands and creators are racing to prepare.
The fate of TikTok now rests in the hands of the US Supreme Court. If a law banning the social video app this month is upheld, it won’t disappear from your phone—but it will get messy fast.
O’Leary, the Trump-supporting investor and “Shark Tank” star, is joining former L.A. Dodgers owner Frank McCourt’s bid to purchase TikTok. Here’s what McCourt’s group is looking to accomplish.
The Chinese-owned app is battling for survival as a deadline looms over its fate.
We're days away from a TikTok ban in the US unless the Supreme Court rules that it violates the First Amendment. Here's why it's happening and how to listen to Friday's oral arguments.
TikTok is owned by ByteDance, a company based in China. The company says on its website that 60% of ByteDance is owned by global investors, 20% is owned by employees and 20% is owned by founder Zhang Yiming, now the richest man in China thanks to TikTok’s global success.
The Supreme Court will decide the fate of TikTok in the U.S. as a federal ban on foreign-adversary owned apps is set to take effect Jan. 19.