Summary
TikTok plans to shut down its U.S. operations by January 19 unless the Supreme Court blocks a new law requiring its sale by Chinese parent company ByteDance.
The law, defended by the Biden administration as a national security measure, has been challenged by TikTok, ByteDance, and users as a violation of free speech.
The court, facing pressure from Trump to delay a decision, will hear arguments just days before the law’s implementation.
A shutdown could cost TikTok millions of users and ad revenue, with a ruling expected soon.
Is there anything stopping them from just renaming the company and rebranding it to avoid this? I could care less if it goes away or not, but I am curious how easily it could be to just rename yourself or if that’s actually covered somehow in this. Even still, I feel like there will definitely be loopholes that they can do to skate around it?
All they need to do is literally sell the American branch to a US company - even one they set up themselves.
The reason that they won’t do this is because a US founded company has to play by different rules than a Chinese company can.