Berliner Boersenzeitung - US Supreme Court upholds law banning TikTok

EUR -
AED 4.330578
AFN 75.468553
ALL 95.370831
AMD 434.26718
ANG 2.110613
AOA 1082.496254
ARS 1641.181747
AUD 1.625347
AWG 2.125489
AZN 2.009303
BAM 1.955202
BBD 2.368676
BDT 144.305864
BGN 1.967008
BHD 0.444064
BIF 3500.4294
BMD 1.179189
BND 1.491244
BOB 8.126515
BRL 5.795828
BSD 1.17604
BTN 111.057033
BWP 15.789171
BYN 3.323484
BYR 23112.111202
BZD 2.365277
CAD 1.612129
CDF 2670.864298
CHF 0.915942
CLF 0.026692
CLP 1050.508704
CNY 8.019372
CNH 8.014083
COP 4394.855841
CRC 540.634648
CUC 1.179189
CUP 31.248518
CVE 110.231286
CZK 24.334582
DJF 209.425947
DKK 7.476537
DOP 69.938609
DZD 156.038276
EGP 62.001537
ERN 17.68784
ETB 183.631137
FJD 2.574218
FKP 0.865474
GBP 0.864667
GEL 3.154379
GGP 0.865474
GHS 13.247948
GIP 0.865474
GMD 86.674958
GNF 10318.844
GTQ 8.979254
GYD 246.064742
HKD 9.234999
HNL 31.264438
HRK 7.538916
HTG 153.972908
HUF 353.981307
IDR 20491.303919
ILS 3.421187
IMP 0.865474
INR 111.345548
IQD 1540.628801
IRR 1546506.829043
ISK 143.873347
JEP 0.865474
JMD 185.35331
JOD 0.836092
JPY 184.753623
KES 151.883547
KGS 103.085327
KHR 4718.556838
KMF 492.90156
KPW 1061.251335
KRW 1723.751231
KWD 0.36279
KYD 0.9801
KZT 543.543758
LAK 25791.111834
LBP 105315.489444
LKR 378.634195
LRD 215.803997
LSL 19.293799
LTL 3.48184
LVL 0.71328
LYD 7.436725
MAD 10.75591
MDL 20.110849
MGA 4912.497521
MKD 61.621153
MMK 2476.100645
MNT 4223.124889
MOP 9.4824
MRU 47.006623
MUR 55.210091
MVR 18.163925
MWK 2038.876413
MXN 20.255648
MYR 4.623647
MZN 75.362436
NAD 19.293799
NGN 1609.593864
NIO 43.276764
NOK 10.859513
NPR 177.691653
NZD 1.984332
OMR 0.453611
PAB 1.17604
PEN 4.066156
PGK 5.193412
PHP 71.358689
PKR 327.765953
PLN 4.239717
PYG 7183.802847
QAR 4.298685
RON 5.21945
RSD 117.334114
RUB 87.323292
RWF 1724.072695
SAR 4.44258
SBD 9.456429
SCR 17.539736
SDG 708.107537
SEK 10.86706
SGD 1.494509
SHP 0.880384
SLE 29.067455
SLL 24727.006491
SOS 672.094441
SRD 44.100547
STD 24406.83871
STN 24.492509
SVC 10.290853
SYP 130.375396
SZL 19.281103
THB 37.973479
TJS 10.972544
TMT 4.127163
TND 3.415955
TOP 2.839205
TRY 53.473293
TTD 7.970562
TWD 36.927538
TZS 3063.662984
UAH 51.6595
UGX 4406.652233
USD 1.179189
UYU 46.905654
UZS 14265.63688
VES 588.693738
VND 31022.113342
VUV 139.685143
WST 3.192143
XAF 655.756438
XAG 0.014675
XAU 0.00025
XCD 3.186819
XCG 2.119552
XDR 0.815551
XOF 655.756438
XPF 119.331742
YER 281.384102
ZAR 19.315959
ZMK 10614.123377
ZMW 22.390152
ZWL 379.698489
  • CMSD

    0.1140

    23.534

    +0.48%

  • BCC

    -2.0900

    70.67

    -2.96%

  • RBGPF

    0.7000

    63.61

    +1.1%

  • JRI

    0.0000

    13.15

    0%

  • BCE

    -0.4300

    24.14

    -1.78%

  • GSK

    -0.0900

    50.41

    -0.18%

  • AZN

    0.3300

    182.85

    +0.18%

  • RIO

    2.2700

    105.38

    +2.15%

  • CMSC

    0.1400

    23.11

    +0.61%

  • NGG

    0.9800

    86.89

    +1.13%

  • RYCEF

    -0.4100

    16.37

    -2.5%

  • BTI

    0.2000

    58.28

    +0.34%

  • VOD

    0.5100

    16.2

    +3.15%

  • RELX

    0.0759

    33.58

    +0.23%

  • BP

    -0.4700

    43.34

    -1.08%

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)