Supreme Court Supports TikTok Sale or Ban

The U.S. Supreme Court has upheld a federal law mandating the ban or sale of TikTok's U.S. operations by January 19, citing national security concerns over its China-based parent company, ByteDance. TikTok CEO Shou Zi Chew expressed gratitude towards President-elect Donald Trump for his potential support in finding a solution to keep TikTok operational in the U.S. Trump, who previously pushed for a ban, now appears to be considering ways to avert it, possibly by facilitating a deal or delaying enforcement. There is speculation about potential buyers, with names like Elon Musk mentioned, although ByteDance has shown reluctance to sell. The incoming administration's handling of the situation remains uncertain, as President Joe Biden has indicated he will not enforce the ban immediately.