Trading & Financial News
No Result
View All Result
Friday, April 18, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Economy

TikTok’s Could Face Ban in US After Bad Day in Court

by Tradinghow
January 13, 2025
in Economy, Stock Trading
A A
0
TikTok’s Could Face Ban in US After Bad Day in Court
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


 

TikTok may face a ban in the United States after its hearing in the US Supreme Court on Friday went badly.

Judges appeared to be prefer the government’s argument that ownership of the app as an issue of national security, not free speech, according to a report by Eurasia Group’s GZero Daily on Monday, which noted that US lawmakers are concerned about the Chinese government having access to enormous amounts of Americans’ data – and fear the app could be used to spread Beijing’s agenda.

Other news outlets, such as The Hill, said that lawyers for the popular Chinese app “got a frosty reception” in their fight to stave off a ban.

 

ALSO SEE: Biden Restricts Access to AI Chips to US Firms And Its Allies

 

GZero noted that Facebook and other American social media platforms are banned in China, “with Beijing taking a similar view to that of the US government”. The justices seemed worried that TikTok could be used for espionage or even blackmail, it said.

 

Control of app seen as key issue, not free speech

Remarks by the Chief Justice may be a pointer on how the appeal will go.

“Congress doesn’t care about what’s on TikTok. They don’t care about the [free] expression,” claimed Chief Justice John Roberts during questioning, clarifying “That’s shown by the remedy. They’re not saying TikTok has to stop. They’re saying the Chinese have to stop controlling TikTok.”

If the court rules against the app, it would mean TikTok’s parent company Bytedance must divest the company before January 19 or face a ban in the United States on national security grounds, GZero said. The app would no longer be available on the Google or Apple app stores.

People in the US who have downloaded the app would no longer be able to get downloads and it was likely to degrade without the ability to update “and TikTok may block US users before that happens to avoid further legal issues.”

Incoming President Donald Trump had vowed to save the app, but there was no clear legal method to do that, it said.

 

‘Top risks for 2025’

The GZero Daily updates are produced by Eurasia Group, which is led by analyst Ian Bremmer. It says the TikTok verdict could be part of a breakdown of the US relationship with China, and that “Trump’s return to office is likely to exacerbate the decoupling — increasing the risk of instability and crisis.”

That is one of Bremmer’s Top Risks for 2025, as he says “We’re entering a uniquely dangerous period of world history on par with the 1930s and the early Cold War.”

His third top risk for the year is: “Trump’s return to office will unleash an unmanaged decoupling in the world’s most important geopolitical relationship.”

Read more here of Bremmer’s Top Risks for 2025.

 

ALSO SEE:

TikTok Ban: Supreme Court Case Begins, Billionaire Bids For App

Can Donald Trump Save TikTok From a Ban in the US?

If Legal Fight Fails, ByteDance ‘Would Prefer to Shut TikTok in US’

Forced Sale of TikTok is About Security, Not Free Speech, US Says

‘China Won’t Allow It’: TikTok Compares Divestiture to Chip Ban

Donald Trump Likely to Try to Block US TikTok Ban – WaPo

Trump Says He Will ‘Never Ban TikTok’ if Elected – NYPost

TikTok Hit by US Legal Barrage For ‘Harmful’ Impacts on Kids

Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll

EU MP: TikTok CEO ‘Must Explain Role in Romanian Poll’ – Politico

Canada Orders TikTok to Shut Offices in the Country – Reuters

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB





Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
Emirates Steel drops interest in Thyssenkrupp steel unit

Emirates Steel drops interest in Thyssenkrupp steel unit

July 27, 2023
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
Kim Soo Hyun breaks silence on financial trouble amid lawsuit discrepancy: ‘We did not fail to pay…’ | Web-series News

Kim Soo Hyun breaks silence on financial trouble amid lawsuit discrepancy: ‘We did not fail to pay…’ | Web-series News

April 18, 2025
Mortgage Rate Fatigue? Here’s How to Get Off the Seesaw of Wondering When to Buy

Mortgage Rate Fatigue? Here’s How to Get Off the Seesaw of Wondering When to Buy

April 18, 2025
TransPacific Cargo Trade Decimated by Trump’s Tariff War

TransPacific Cargo Trade Decimated by Trump’s Tariff War

April 18, 2025
GITEX Nigeria 2025: Government Support Fuels New Tech Era

GITEX Nigeria 2025: Government Support Fuels New Tech Era

April 17, 2025

Recent News

Kim Soo Hyun breaks silence on financial trouble amid lawsuit discrepancy: ‘We did not fail to pay…’ | Web-series News

Kim Soo Hyun breaks silence on financial trouble amid lawsuit discrepancy: ‘We did not fail to pay…’ | Web-series News

April 18, 2025
Mortgage Rate Fatigue? Here’s How to Get Off the Seesaw of Wondering When to Buy

Mortgage Rate Fatigue? Here’s How to Get Off the Seesaw of Wondering When to Buy

April 18, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2023 Tradinghow Useful forex analysis and financial news, submitted by credible news sources around the world.tradinghow.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In