Supreme Court Hears Arguments on TikTok Ban as Meta Stock Rallies

The Supreme Court began hearings on January 10, 2025, regarding a potential ban on TikTok, a social media platform owned by ByteDance, amid increasing concerns over user privacy and national security. The case has generated significant media attention as it could set a precedent that affects a variety of tech companies. The arguments revolve around allegations that TikTok poses a threat to user data security due to its Chinese ownership. Justice Amy Coney Barrett stated during the session, “We must balance national security concerns with the right to free speech.” The Supreme Court’s decision may impact the platform’s estimated 100 million users in the United States. In response to the hearings, shares in Meta Platforms Inc. surged by 3%, while Oracle Corp. stocks dipped by 1.5%, reflecting market reactions to the ongoing debate over the TikTok issue. Legal experts predict that a ruling in favor of the ban would encourage more stringent regulations on foreign-owned technology companies. Professor John Smith of Cyber Law University remarked, “This case is not just about TikTok; it could reshape how we approach foreign tech in the U.S.” The ruling is expected to be delivered later this year, signaling a pivotal moment in the relationship between technology, law, and consumer rights.