By the end of 2024, TikTok has generated approximately $8 billion in ad revenue in the U.S. As revealed by Omdia's Senior Research Director María Rua Aguete at a Content Americas panel, it surpassed 1.
The U.S. Supreme Court on Friday unanimously upheld a law passed in Congress that bans TikTok, which could lead to 3.7 million users in Michigan losing the use of the app as soon as Sunday. The court's decision shifts focus to President-elect Donald Trump, who still can intervene after he is sworn into office on Monday.
Now that TikTok has finally reached the end of its legal options in the US to avoid a ban, somehow, its future seems less clear than ever. The Supreme Court couldn’t have been more direct: the Protecting Americans from Foreign Adversary Controlled Applications Act,
The Supreme Court has unanimously upheld the federal law banning TikTok beginning Sunday unless it’s sold by its China-based parent company.
The U.S. Supreme Court officially upheld the law to ban the TikTok social media app on Friday.
TikTok, ByteDance and several users of the app sued to halt the ban, arguing it would suppress free speech for the millions of Americans who use the platform.
With the ban upheld by the Supreme Court and the Biden administration leaving, TikTok CEO Shou Zi Chew is banking on Trump to save the app in the US.
TikTok CEO Shou Zi Chew, in a video message posted to the platform after the Supreme Court ruling upholding the U.S. law that threatens to ban the app, thanked President-elect Trump for his support in trying to find a workable outcome to keep the app legal.
The U.S. Supreme Court heard oral arguments last Friday from TikTok, which claims the ban is a breach of American's First Amendment rights. And after more than a week, the court handed down its decision to uphold law that could ban TikTok in the U.S.
Some TikTok users broke down in tears and engaged in profanity-laced rants after the Supreme Court upheld a law to ban the social media app if it is not sold.
Political shifts and legal hurdles have delayed TikTok's removal, with Biden reportedly kicking the issue to Trump.