Summary
The Justice Department urged the Supreme Court to reject Donald Trump’s request to delay a law banning TikTok or forcing its sale by Jan. 19, 2025.
TikTok’s parent, ByteDance, claims the ban violates First Amendment rights, but the DOJ argued the law targets foreign ownership, not free speech, and passes constitutional scrutiny.
Trump, despite opposing a ban publicly, asked the Court to extend the deadline to seek a political resolution.
The Supreme Court will hear arguments on Jan. 10, with the ban set to take effect before Trump’s inauguration.
It’s more broligarchy bullshit. Probably a bribe from Yass to Trump to protect Yass’s investment. Trump is the Billionaire’s lackey.
In the pitched battle between TikTok and Washington, few people stand to lose more than Jeff Yass, an American billionaire options trader who has emerged in recent years as a major donor to Republican candidates and causes.
Yass co-founded the Philadelphia-based trading firm Susquehanna International Group, which owns a 15% stake in TikTok’s China-based parent company, ByteDance. Yass’ personal share is 7%, worth roughly $21 billion.
https://www.nbcnews.com/news/amp/rcna142531
China will promote the one who will degrade U.S. power best. You think he is going to deep six one of his best supporters and allies?