The Supreme Court heard oral arguments Friday on the law forcing a potential ban on TikTok, which will be banned in the U.S. on Jan. 19 if the high court does not intervene.
The ban against TikTok could become effective as early as Jan. 19 unless ByteDance commits to selling TikTok to another company or the Supreme Court overturns the federal law behind the ban. The court is expected to hear oral arguments Friday.
A range of companies have shown interest or been rumored to consider a purchase of TikTok. Project Liberty, the group leading The People’s Bid For TikTok, has built a consortium to purchase TikTok that includes O’Leary and Guggenheim Securities.
To read the full article, visit the Forbes website here.