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RE: LeoThread 2025-01-20 13:15

in LeoFinance9 months ago

The law banning TikTok was set to take effect on Sunday as ByteDance, the China-based owner of TikTok, had not yet divested the company to a non-Chinese entity. The Supreme Court had ruled on Friday to uphold the law that would ban the app and penalize third-party internet service providers, such as Apple and Google, if they supported TikTok on their platforms after the ban went into effect.

Despite TikTok's pledge to reinstate service in the U.S. following Trump's statement, the company's future remains unclear under the current law.