From Nasdaq: 2025-01-17 12:56:22

The U.S. Supreme Court upheld a law banning TikTok unless ByteDance divests its U.S. operations, citing national security concerns and potential risks of foreign control over user data. President-elect Trump will review the situation post-inauguration. Tech giants like Apple, Google, and Oracle face uncertainty over TikTok partnerships.

The Supreme Court’s 9-0 decision supports the TikTok ban, with ByteDance required to divest to avoid a nationwide ban. National security risks are the basis for the law, as TikTok’s U.S. daily users drop. Trump’s stance on TikTok will shape its future in the U.S., potentially leading to disruptions in app stores and tech providers.

The TikTok ban’s impact on U.S.-China technology relations and the strategies of the incoming Trump administration are in focus as the app exits the market. Apple, Google, and Oracle face operational and legal challenges due to ByteDance halting partnerships. The Supreme Court decision prioritizes national security, but uncertainty remains with potential policy shifts under Trump.



Read more at Nasdaq: U.S. Supreme Court Finalizes TikTok Ban Over Security Concerns