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News in English (USA) / 07.12.2024 / 04:00

US Appeals Court Upholds TikTok Ban, Sparking Impact on Meta Shares

In a significant legal decision, a federal appeals court has upheld a law that could result in a ban on TikTok in the United States, affirming the requirement for the platform to either be sold or face a potential ban. This ruling has been viewed as a major victory for competitors like Meta, which saw its shares rise to record levels following the announcement. TikTok, which has been fighting the legislation, is now left with limited options as it may seek intervention from the Supreme Court or attempt to negotiate with political leaders like former President Trump. The future of the popular app hangs in the balance, with implications for businesses and influencers nationwide who rely on the platform for engagement and revenue.
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