WASHINGTON: A US federal appeals court docket on Friday (Dec 6) upheld a regulation requiring Chinese language-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.
The ruling may very well be appealed to the Supreme Court docket or full appeals court docket panel.
US appeals court docket Judges Sri Srinivasan, Neomi Rao and Douglas Ginsburg thought-about the authorized challenges introduced by TikTok and customers towards the regulation that offers ByteDance till Jan 19 to promote or divest TikTok’s US belongings or face a ban.
President Joe Biden, who signed the regulation in April, can grant a one-time extension of as much as 90 days, however provided that ByteDance has made vital progress to find a purchaser.