After listening to the arguments in September, the federal appeals courtroom in Washington unanimously dominated to uphold the regulation signed in April that forces the app to both minimize ties with its China-based mum or dad firm (ByteDance) or be banned.
Regardless of TikTok being that a lot nearer to a ban, we stand by our prediction that TikTok won’t get banned or divest within the US in 2025.
Why not? ByteDance is bound to enchantment at the moment’s ruling to the Supreme Courtroom; a brand new administration takes the helm within the US in January; and the regulation has a 90-day extension clause. However outdoors of the delay tactic, TikTok’s significance to a thriving creator economic system is far-reaching. Banning TikTok creates a Meta monopoly.
As a recap, right here’s a glance again at a few of our previous weblog posts about TikTok from earlier this yr:
Right now’s TikTok Attraction Stress-Assessments The First Modification [READ]
Predictions 2025: The Media Trade Resolves 2024’s Unruly Unknowns [READ]
TikTok’s Affect On Younger Voters Makes It A Risk To US Democracy And An Asset To Entrepreneurs [READ]
Banning TikTok Creates A Meta Monopoly [READ]
Forrester shoppers: Let’s chat extra about this through a Forrester steerage session.