TikTok's Fate in U.S. Hands: Supreme Court Case Sparks National Security and Market Shakeup

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TikTok's Fate in U.S. Hands: Supreme Court Case Sparks National Security and Market Shakeup

GuruFocus01-10

A Supreme Court hearing on Friday between TikTok and its parent company ByteDance will decide whether the well-known app stays under Chinese control or not. The hearing will assess whether a federal ...

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Josiah NZ
·01-10
Was this written by AI? Two spelling errors in one sentence: "surfaced as possible the top tech giant's potentially scoopung up the stock" -Giants not giant's -Scooping not scoopung
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The hearing will assess whether a federal statute President Joe Biden signed—mandating divestiture of TikTok—is constitutional.Set to go live on January 19, the rule essentially forbids the app unless ByteDance sells it to an owner unrelated to China, North Korea, Russia, or Iran. A decision upholding the ban might help American social media rivals like Meta (META, Financial), since advertising money might move to sites like Instagram and Facebook. Microsoft (MSFT) and Oracle (ORCL) surfaced as possible the top tech giant's potentially scoopung up the stock.With ramifications for TikTok's 170 million U.S. users, particularly small business owners who depend on the app, the case begs issues of Congress's authority to give national security top priority above free expression Legal experts advise creators worried about losing their material to backup their work since intellectual property rights would still belong to them but might be unreachable should TikTock be closed. Complicating matters, President-elect Donald Trump has asked the court to postpone the execution of the law and take into account a negotiated settlement, therefore indicating his readiness to approach the matter differently once in office.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":391129782239568,"gmtCreate":1736496803789,"gmtModify":1736497788473,"author":{"id":"4169758120359942","authorId":"4169758120359942","name":"Josiah NZ","avatar":"https://community-static.tradeup.com/news/633439e8162864458adb35cca1c15f8c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4169758120359942","idStr":"4169758120359942"},"htmlText":"Was this written by AI? Two spelling errors in one sentence: \"surfaced as possible the top tech giant's potentially scoopung up the stock\" -Giants not giant's&nbsp; -Scooping not scoopung","listText":"Was this written by AI? Two spelling errors in one sentence: \"surfaced as possible the top tech giant's potentially scoopung up the stock\" -Giants not giant's&nbsp; -Scooping not scoopung","text":"Was this written by AI? Two spelling errors in one sentence: \"surfaced as possible the top tech giant's potentially scoopung up the stock\" -Giants not giant's -Scooping not scoopung","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/391129782239568","repostId":2502029291,"repostType":2,"repost":{"id":"2502029291","kind":"highlight","pubTimestamp":1736442035,"share":"https://ttm.financial/m/news/2502029291?lang=&edition=fundamental","pubTime":"2025-01-10 01:00","market":"hk","language":"en","title":"TikTok's Fate in U.S. Hands: Supreme Court Case Sparks National Security and Market Shakeup","url":"https://stock-news.laohu8.com/highlight/detail?id=2502029291","media":"GuruFocus","summary":"A Supreme Court hearing on Friday between TikTok and its parent company ByteDance will decide whether the well-known app stays under Chinese control or not. The hearing will assess whether a federal s","content":"<html><body><div><div><p><span>A Supreme Court hearing on Friday between TikTok and its parent company ByteDance will decide whether the well-known app stays under Chinese control or not. The hearing will assess whether a federal statute President Joe Biden signed—mandating divestiture of TikTok—is constitutional.</span></p><p><span>Set to go live on January 19, the rule essentially forbids the app unless ByteDance sells it to an owner unrelated to China, North Korea, Russia, or Iran. A decision upholding the ban might help American social media rivals like Meta (META, Financial), since advertising money might move to sites like Instagram and Facebook. Microsoft (MSFT) and Oracle (ORCL) surfaced as possible the top tech giant's potentially scoopung up the stock.</span></p><p><span>With ramifications for TikTok's 170 million U.S. users, particularly small business owners who depend on the app, the case begs issues of Congress's authority to give national security top priority above free expression Legal experts advise creators worried about losing their material to backup their work since intellectual property rights would still belong to them but might be unreachable should TikTock be closed. </span></p><p><span>Complicating matters, President-elect Donald Trump has asked the court to postpone the execution of the law and take into account a negotiated settlement, therefore indicating his readiness to approach the matter differently once in office.</span></p></div></div></body></html>","source":"gurufocus_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TikTok's Fate in U.S. Hands: Supreme Court Case Sparks National Security and Market Shakeup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTikTok's Fate in U.S. Hands: Supreme Court Case Sparks National Security and Market Shakeup\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-10 01:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2651557/tiktoks-fate-in-us-hands-supreme-court-case-sparks-national-security-and-market-shakeup><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A Supreme Court hearing on Friday between TikTok and its parent company ByteDance will decide whether the well-known app stays under Chinese control or not. The hearing will assess whether a federal ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2651557/tiktoks-fate-in-us-hands-supreme-court-case-sparks-national-security-and-market-shakeup\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0444971666.USD":"天利全球科技基金","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","NSEC":"National Security Group","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","MSFT":"微软"},"source_url":"https://www.gurufocus.com/news/2651557/tiktoks-fate-in-us-hands-supreme-court-case-sparks-national-security-and-market-shakeup","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2502029291","content_text":"A Supreme Court hearing on Friday between TikTok and its parent company ByteDance will decide whether the well-known app stays under Chinese control or not. The hearing will assess whether a federal statute President Joe Biden signed—mandating divestiture of TikTok—is constitutional.Set to go live on January 19, the rule essentially forbids the app unless ByteDance sells it to an owner unrelated to China, North Korea, Russia, or Iran. A decision upholding the ban might help American social media rivals like Meta (META, Financial), since advertising money might move to sites like Instagram and Facebook. Microsoft (MSFT) and Oracle (ORCL) surfaced as possible the top tech giant's potentially scoopung up the stock.With ramifications for TikTok's 170 million U.S. users, particularly small business owners who depend on the app, the case begs issues of Congress's authority to give national security top priority above free expression Legal experts advise creators worried about losing their material to backup their work since intellectual property rights would still belong to them but might be unreachable should TikTock be closed. Complicating matters, President-elect Donald Trump has asked the court to postpone the execution of the law and take into account a negotiated settlement, therefore indicating his readiness to approach the matter differently once in office.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":2,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}