US SC upholds law banning TikTok if it's not sold by Chinese parent firm

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US SC upholds law banning TikTok if it's not sold by Chinese parent firm - Business Standard

Quick Summary:

The court added that "we conclude that the challenged provisions do not violate petitioners' First Amendment rights." The Supreme Court acted speedily in the case, having held arguments on Jan.10, just nine days before the deadline set under the law.

Mike Waltz, Trump's incoming national security adviser, said on Thursday the new administration will keep TikTok alive in the United States if there is a viable deal.

Waltz said the incoming administration would "put measures in place to keep TikTok from going dark," and cited a provision in the law allowing for a 90-day extension if there is "significant progress" toward a divestiture.