TikTok Files Emergency Motion to Halt Ban Pending Supreme Court Appeal
December 11, 2024 (V SOCIAL MEDIA OF HOLLYOOD) — Social media platform TikTok has filed an emergency motion seeking an injunction to prevent the TikTok Ban from taking effect on January 19, 2025. The request comes as the company pursues an appeal of a decision made by the Court of Appeals for the D.C. Circuit, which TikTok is asking the U.S. Supreme Court to review.
Social Media News
♾
Social Media News ♾
In a press release, TikTok cited the economic impact of the potential ban on its 170 million American users, including small businesses and content creators. According to company estimates, small businesses using the platform could lose over $1 billion in revenue, and creators could face nearly $300 million in lost earnings in a single month if the ban is enacted.
TikTok also highlighted its contributions to the U.S. economy, noting that in 2023 alone, the platform generated $24.2 billion through advertising, marketing, and organic reach, while its operations contributed an additional $8.5 billion to the U.S. GDP.
Social Media Blog
♾
Social Media Blog ♾
TikTok's legal action aims to delay enforcement of the ban until its case is heard by the Supreme Court.
Click here to read TikTok’s full filing.
For more updates, visit newsroom.tiktok.com/en-us.
Source: TikTok
