The clock is ticking for TikTok. The popular video app could stop working on Jan. 19. That's when a new law goes into effect. It says TikTok must cut ties with its Chinese owner, ByteDance. If not, people in the U.S. won't be able to download or update the app anymore.
TikTok asked the Supreme Court to stop the ban for now. The court will hear from TikTok and ByteDance on Friday, but it didn't act immediately on TikTok's request.
What does this mean for TikTok fans? The app will still work for a while on phones that already have it. But without updates, it will slowly stop working well.
TikTok creators are worried. Many have built careers on the app. They're preparing for big changes.
TikTok's 7,000 U.S. employees are also nervous. Some fear layoffs could be coming.
Advertisers aren't giving up yet, though. TikTok is set to make over $12 billion from U.S. ads in 2024. Some brands will keep spending money there as long as people are watching.
One man wants to buy TikTok. Frank McCourt, who once owned the Dodgers, says he has $20 billion from investors. But ByteDance says TikTok isn't for sale.
McCourt thinks the court will make ByteDance sell. He's even talked to Donald Trump's team about it. Trump tried to ban TikTok when he was president. But he's changed his mind since then.
The next few weeks will be important for TikTok. A lot is up in the air. The app's many fans, creators and workers will be watching closely to see what happens.
TikTok asked the Supreme Court to stop the ban for now. The court will hear from TikTok and ByteDance on Friday, but it didn't act immediately on TikTok's request.
What does this mean for TikTok fans? The app will still work for a while on phones that already have it. But without updates, it will slowly stop working well.
TikTok creators are worried. Many have built careers on the app. They're preparing for big changes.
TikTok's 7,000 U.S. employees are also nervous. Some fear layoffs could be coming.
Advertisers aren't giving up yet, though. TikTok is set to make over $12 billion from U.S. ads in 2024. Some brands will keep spending money there as long as people are watching.
One man wants to buy TikTok. Frank McCourt, who once owned the Dodgers, says he has $20 billion from investors. But ByteDance says TikTok isn't for sale.
McCourt thinks the court will make ByteDance sell. He's even talked to Donald Trump's team about it. Trump tried to ban TikTok when he was president. But he's changed his mind since then.
The next few weeks will be important for TikTok. A lot is up in the air. The app's many fans, creators and workers will be watching closely to see what happens.
