TikTok Files Urgent Motion to Halt Upcoming Ban
TikTok has taken legal action to delay the proposed TikTok ban scheduled for January 19, 2025. The company has filed an emergency motion for an injunction to pause the ban until the U.S. Supreme Court reviews the ongoing appeal of the decision made by the Court of Appeals for the DC Circuit.
At the heart of TikTok’s mission are its 170 million American users. Analysts predict that if the ban takes effect, it could cause severe economic harm. Small businesses relying on TikTok are projected to lose over $1 billion in revenue in a single month, while creators stand to miss out on approximately $300 million in earnings.
The platform’s economic influence is significant. In 2023, TikTok’s marketing, advertising, and organic growth contributed $24.2 billion to the U.S. economy, while the company’s internal operations added another $8.5 billion to the national GDP.
For those interested in more details, you can access the complete legal filing here.
Published by: https://newsroom.tiktok.com/