Berliner Boersenzeitung - US Supreme Court upholds law banning TikTok

EUR -
AED 4.260787
AFN 72.50444
ALL 96.181978
AMD 437.900577
ANG 2.076831
AOA 1063.891421
ARS 1620.797192
AUD 1.658085
AWG 2.088336
AZN 1.970026
BAM 1.960492
BBD 2.333215
BDT 142.138981
BGN 1.983118
BHD 0.437933
BIF 3439.954083
BMD 1.160187
BND 1.482103
BOB 8.005333
BRL 6.074626
BSD 1.158473
BTN 108.272547
BWP 15.829546
BYN 3.449307
BYR 22739.662744
BZD 2.329746
CAD 1.593499
CDF 2637.105366
CHF 0.913137
CLF 0.026773
CLP 1057.138921
CNY 7.982668
CNH 7.990491
COP 4305.824752
CRC 540.281506
CUC 1.160187
CUP 30.744952
CVE 110.507645
CZK 24.446704
DJF 206.188037
DKK 7.47187
DOP 69.466132
DZD 153.8229
EGP 60.730676
ERN 17.402803
ETB 182.584407
FJD 2.57144
FKP 0.869584
GBP 0.864519
GEL 3.149927
GGP 0.869584
GHS 12.65186
GIP 0.869584
GMD 84.694191
GNF 10186.440898
GTQ 8.873238
GYD 242.366364
HKD 9.089078
HNL 30.768235
HRK 7.535064
HTG 151.729892
HUF 387.927623
IDR 19571.192389
ILS 3.614736
IMP 0.869584
INR 108.276354
IQD 1519.844806
IRR 1525703.749098
ISK 143.596065
JEP 0.869584
JMD 182.468306
JOD 0.822596
JPY 183.95401
KES 150.227716
KGS 101.458707
KHR 4658.150428
KMF 493.079859
KPW 1044.172798
KRW 1733.818235
KWD 0.355516
KYD 0.965427
KZT 558.38482
LAK 25002.026821
LBP 103894.734936
LKR 363.764984
LRD 213.007367
LSL 19.642187
LTL 3.42573
LVL 0.701786
LYD 7.419431
MAD 10.861648
MDL 20.261845
MGA 4832.178169
MKD 61.598908
MMK 2435.757154
MNT 4138.328821
MOP 9.347014
MRU 46.53515
MUR 54.029674
MVR 17.924774
MWK 2015.24491
MXN 20.658637
MYR 4.553723
MZN 74.147926
NAD 19.514377
NGN 1601.232315
NIO 42.601697
NOK 11.302947
NPR 173.221657
NZD 1.983548
OMR 0.446116
PAB 1.158418
PEN 4.029285
PGK 4.995188
PHP 69.436894
PKR 323.98207
PLN 4.260299
PYG 7570.15157
QAR 4.227745
RON 5.095425
RSD 117.501369
RUB 95.04465
RWF 1693.872837
SAR 4.355741
SBD 9.341497
SCR 16.846394
SDG 697.271915
SEK 10.829979
SGD 1.480219
SHP 0.870441
SLE 28.482483
SLL 24328.551228
SOS 663.046126
SRD 43.317318
STD 24013.525898
STN 24.55825
SVC 10.135823
SYP 128.274956
SZL 19.549855
THB 37.671069
TJS 11.068611
TMT 4.060654
TND 3.370309
TOP 2.793451
TRY 51.447094
TTD 7.86462
TWD 36.983051
TZS 3010.684749
UAH 50.864146
UGX 4373.373308
USD 1.160187
UYU 47.203183
UZS 14160.080286
VES 529.630361
VND 30560.482466
VUV 138.324551
WST 3.164748
XAF 657.510898
XAG 0.016717
XAU 0.000262
XCD 3.135463
XCG 2.087707
XDR 0.819183
XOF 659.568219
XPF 119.331742
YER 276.878852
ZAR 19.574964
ZMK 10443.064834
ZMW 22.445109
ZWL 373.5797
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.0816

    22.74

    +0.36%

  • BCC

    3.5800

    71.88

    +4.98%

  • BCE

    -0.0300

    25.76

    -0.12%

  • RYCEF

    0.7500

    16.05

    +4.67%

  • RELX

    0.4500

    33.81

    +1.33%

  • RIO

    2.6900

    85.84

    +3.13%

  • CMSC

    0.2300

    22.88

    +1.01%

  • JRI

    -0.0900

    11.68

    -0.77%

  • NGG

    0.0700

    82.06

    +0.09%

  • VOD

    0.1500

    14.48

    +1.04%

  • GSK

    0.1500

    51.99

    +0.29%

  • BTI

    0.5500

    57.92

    +0.95%

  • AZN

    0.4700

    184.07

    +0.26%

  • BP

    -1.2100

    43.57

    -2.78%

US Supreme Court upholds law banning TikTok
US Supreme Court upholds law banning TikTok / Photo: Antonin UTZ - AFP

US Supreme Court upholds law banning TikTok

The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170 million users in two days.

Text size:

In a major defeat for TikTok, the court ruled that the law does not violate free speech rights and that the US government had demonstrated legitimate national security concerns about a Chinese company owning the app.

The Supreme Court last week heard arguments from the company, ByteDance, that the law should be stopped because it was a violation of free speech.

"There is no doubt that, for more than 170 million Americans, TikTok offers a distinctive and expansive outlet for expression, means of engagement, and source of community," the justices said.

"But Congress has determined that divestiture is necessary to address its well-supported national security concerns regarding TikTok's data collection practices and relationship with a foreign adversary," they concluded.

With that decision, Sunday's ban effectively stands even if lawmakers and officials across the political spectrum were calling for some sort of delay.

Congress overwhelmingly passed a law last year forcing ByteDance to either sell the platform or close it in the United States by January 19.

The law was an answer to widespread belief in Washington that the highly popular app could be used by China for spying or propaganda.

White House officials on Friday told US media that they would not enforce the ban and leave it up to President-elect Donald Trump, who takes office a day later.

Trump said that he discussed TikTok in a phone conversation with Chinese President Xi Jinping on Friday.

- 'Viable deal' -

Speaking to Fox News on Thursday, Trump's incoming national security advisor Mike Waltz said the administration would put in place measures "to keep TikTok from going dark."

"The legislation allows for an extension as long as a viable deal is on the table," he said. "Essentially that buys president Trump time to keep TikTok going."

"It's been a great platform for him and his campaign to get his America first message out," he added. "But at the same time, he wants to protect (users') data."

Senate Democratic Leader Chuck Schumer on Thursday also called for a looming TikTok ban to be delayed.

"It's clear that more time is needed to find an American buyer and not disrupt the lives and livelihoods of millions of Americans, of so many influencers who have built up a good network of followers," Schumer said.

To execute the ban, the US government would direct Apple and Google to remove TikTok from their app stores, preventing new downloads starting the day before Trump takes office.

TikTok lawyer Noel Francisco stated the site would "go dark" on Sunday if the justices fail to block the ban, and a media report said the company was planning a full suspension of service in the United States.

Campaigning ahead of the November election, Trump pledged to save TikTok and his team has been mulling ways to stall the ban or rescue the app.

Once Trump takes office, the law's implementation will fall to his attorney general, who could choose not to enforce it, or stall, defying Congress's support for the legislation.

TikTok has been lobbying furiously to thwart the law's implementation and CEO Shou Chew will attend Trump's inauguration on Monday.

TikTok did not respond to a request for comment.

(P.Werner--BBZ)