TikTok’s parent company, ByteDance, has filed a lawsuit against the U.S. government over a law mandating the sale or potential ban of the popular social media platform.
The lawsuit asserts that such measures infringe upon users’ First Amendment rights, highlighting concerns over free speech.
ByteDance argues that the stipulated divestiture within the law’s 270-day timeframe is impractical and unfeasible.
The company cites specific challenges, including Beijing’s reluctance to sell a crucial component that drives TikTok’s functionality in the United States, making divestiture unachievable.
Stay informed with our financial updates, stocks, bonds, commodities. Get global & political insights. Follow us & enable notifications for the latest updates.
