TikTok Faces U.S. Ban After Losing Bid to Overturn New Law
An Appeals Court on Friday upheld a law that would force TikTok owner ByteDance to sell the popular short-form video app or see it banned throughout the country. The law doesn’t specifically ban TikTok but blocks app stores like Apple’s App Store or Google’s Play Store from distributing it unless ByteDance divests itself from the social network. While the decision is a setback for TikTok, it’s not the end of the story. ByteDance is expected to appeal the law to the Supreme Court, which will make the ultimate call on the matter. If the law ultimately moves forward, it would be a huge blow to TikTok content creators, advertisers, and the app’s 170 million users. But one company will undeniably benefit from a TikTok ban: Mark Zuckerberg’s Meta (META). The tech giant is not only TikTok’s largest competitor but also the closest mainstream social media app with a similar user base and feature set. Meta designed Reels, which Zuckerberg has repeatedly talked up during the company’...