TikTok Plans to Shut Down in U.S. Jan. 19 Due to Ban

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TikTok's clip successful the United States whitethorn beryllium up.

After all, the societal media level said it plans connected shutting disconnected successful the Unites States Jan. 19 unless the Supreme Court tin strike down oregon hold the implementation of a law intended to unit ByteDance—the Chinese-owned genitor institution down the app—to merchantability to an American buyer, according to the Associated Press.

Last year, President Joe Biden signed into instrumentality a authorities to region TikTok from U.S. app stores and prohibit net providers crossed the federation from allowing entree to the level if ByteDance cannot merchantability to an American institution by Jan. 19.

The authorities was enactment successful spot amid concerns of China perchance utilizing TikTok to spy connected U.S. residents.

In response, TikTok filed an exigency question for an injunction to halt the prohibition from taking effect, arguing that it violates the First Amendment and volition make "substantial losses," per ineligible documents reviewed by E! News.

The Supreme Court is slated to perceive oral arguments connected Jan. 10 implicit whether oregon not the instrumentality should beryllium upheld. 

In the meantime, respective entrepreneurs person launched a bid to acquisition TikTok, including Shark Tank's Kevin O'Leary.

"This isn't conscionable astir buying TikTok's U.S. assets," he wrote successful a Jan. 6 message on X, formerly Twitter. "It’s astir thing overmuch bigger: protecting the privateness of 170 cardinal American users."

O'Leary continued, "It's astir empowering creators and tiny businesses. And it’s astir gathering a level that prioritizes PEOPLE implicit algorithms. TikTok has immense potential, not conscionable arsenic a instrumentality for creators but arsenic a operator of meaningful economical and societal impact."

However, O'Leary said he'll apt request an assistance from President-elect Donald Trump, who volition beryllium sworn into bureau connected Jan. 20.

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"Trump volition beryllium who we person to enactment with to adjacent the woody successful the months ahead," helium explained during a Jan. 6 quality connected Fox News' The Story with Martha MacCallum, per The Wrap. "So, I wanted to fto him know—as good arsenic others successful his cabinet—that we're doing this, and we're going to request their help."

But for what it's worth, ByteDance has antecedently said that TikTok is not for sale.

"ByteDance does not person immoderate plans to merchantability TikTok," the institution shared successful an April statement translated from Chinese connected Toutiao, different societal media level it owns, adding that rumors of a merchantability were "untrue."

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