Summary
TikTok, with 170 million US users, faces a nationwide US ban starting January 19 unless its Chinese parent company, ByteDance, sells the platform.
A court rejected ByteDance’s bid to delay the ban, forcing TikTok to appeal to the Supreme Court.
The US government cites national security concerns over data collection, while TikTok argues its US user data is stored domestically.
President Biden may grant a 90-day extension, but the decision could fall to Trump, who has opposed banning TikTok.
They should just sell it. There would be plenty of bidders. Any company would if they were not controlled by an outside entity.
That assumes the main reason it exists (in the US) is to be the platform it is.
An alternative is that it’s meant to be a way for the Chinese government to control the content and thus any narrative they want US citizens to see and interact with. If that’s their actual goal, then selling it and losing control doesn’t do anything for them.
They can’t sell it, the CCP won’t let them.