ByteDance and TikTok are facing a crucial court hearing on Monday in a legal battle to lock a law that could ban the app used by 170 million Americans as soon as January 19, Reuters’ David Shepardson reports. The U.S. Court of Appeals for the District of Columbia will hold oral arguments on the legal challenge, as both Republican presidential candidate Donald Trump and Vice President Kamala Harris are active on TikTok seeking to court younger voters. Publicly traded companies in the social media space that compete with TikTok include Meta Platforms (META), Alphabet (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
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