On Sunday, January 19, TikTok, a popular video-sharing support, could be shut down in the United States unless the government provides clear claims to service companies regarding their obligations under a new federal law that would prevent the application.
The US Supreme Court upheld the federal rules on Friday, allowing for a complete restrictions on TikTok. But, uncertainty remains about how the closure will emerge.
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Here’s what we know so much:
TikTok to “go black”
If the Biden administration doesn’t release a clear statement to protect service providers from legal action, TikTok announced that it would “go black” in the US.
The company’s statement read:” Unless the Biden Administration instantly provides a clear statement to meet the most important service providers assuring non-enforcement, however, TikTok may be forced to get dark on January 19″.
What will happen to TikTok on Apple and Google’s software business?
Apple and Google, which operate big mobile app businesses, are expected to remove TikTok from their programs if the restrictions money.
Under the new law, these companies, along with internet hosting services, could face fines of up to$ 5, 000 per user for continuing to provide access to TikTok after the divestment deadline for ByteDance, TikTok’s China-based parent company.
Existing TikTok customers may continue to use the software, but updates will no longer be accessible, likely making it unusable over time.
‘ Coming administration’s responsibility to enforce restrictions ‘
Beginning on Sunday, the administration of President Joe Biden has declared that it will not put the legislation into effect. The coming leadership will be in charge of implementing the restrictions, according to White House Press Secretary Karine Jean-Pierre.
In her speech, Jean-Pierre said,” The leadership, like the rest of the nation, has awaited the decision really made by the US Supreme Court on the TikTok problem. President Biden has stated for months that TikTok should be accessible to Americans but under British rights or that lists the concerns raised by Congress regarding national security.
Possible sales of TikTok
Although ByteDance has opposed selling TikTok, the date has rekindled interest among prospective customers. Wedbush analyst Dan Ives estimates TikTok’s value at over$ 100 billion, potentially reaching$ 200 billion if its algorithm is included in a sale.
Numerous parties, including businessman Frank McCourt and trader KevinO’Leary, have expressed attention. But, experts believe the Chinese government is unlikely to approve any sales involving TikTok’s desired engine.
Legal issues
TikTok, which merged with Musical. ly in 2017, has grown from a specialty young application to a worldwide social phenomenon. But, US officials have raised issues with regional security, which led to President Biden signing bipartisan legislation in April 2024. The legislation requires ByteDance to sell TikTok’s US businesses or experience a shutdown.
ByteDance has filed a complaint against the US government in answer, alleging that the law contravenes the First Amendment and that the worries about national protection are exaggerated.
