High Court to Hear TikTok's Appeal Against Forced Sale

Investing.com -- The U.S. Supreme Court has decided to hear an appeal from TikTok and its Chinese parent company ByteDance against a law that could mandate the sale of the short video app by January 19. The law was designed with national security concerns in mind.

TikTok and ByteDance, along with some content creators on the platform, had requested an emergency injunction to halt the impending ban. However, the judges decided not to take immediate action on this request. Instead, they plan to hear arguments on the matter on January 10.

This appeal serves as a response to a lower court ruling that supported the law. TikTok, a popular platform for sharing short videos, is used by approximately 170 million Americans. The outcome of the Supreme Court's decision could have significant implications for the app's future in the U.S. market.

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