TikTok’s days in the U.S. may be numbered after a federal appeals court upheld a federal law late last week to force the ban or sale of the social media app. The case could ultimately end up before the Supreme Court. President-elect Donald Trump has also promised to reverse the ban, even though he tried to ban TikTok in his first term. Louise Matsakis, senior business editor at WIRED, walks us through all the what-ifs of a future without TikTok. Later in the show, Bloomberg senior editor Stacey Vanek Smith talks about what the incoming Trump administration’s enthusiasm for cryptocurrency means for all of us. And in headlines: A suspect in the killing of UnitedHealthcare’s CEO was arrested and charged in Pennsylvania, Lara Trump eyes Marco Rubio’s Florida Senate seat, and Biden faces a growing pressure campaign to use his clemency powers.
It's Tuesday, December 10th.
I'm Jane Coston and this is what a day.
The show that is polarized about Merriam Webster deciding that polarization is the word of the year.
Some of us are supportive of this decision and some of us are very, very angry about it.
And I feel like there's a divide between us on this.
I wonder what that's called.
On today's show, bitcoin is spiking and Trump is filling the White House with crypto and enthusiasts.
What does that mean for the future of American currency?
And Biden is asked to commute the sentences of federal death row inmates.
Let's get into it.
TikTok's days may be numbered.
A federal appeals court on Friday upheld a law that could ban the app in the U.S.
tikTok argued that such a ban would violate users right to free speech.
But the three judge panel disagreed and maintained that TikTok must divest from its Chinese parent company ByteDance or lose its US market.
On Monday, TikTok asked an appeals court not to enforce the ban until the Supreme Court decides whether or not they want to take the case.
TikTok also argued that delaying enforcement would give President Elect Donald Trump and his administration more time to clarify if they are pro ban or want to keep the app.
Because right now it's kind of unclear.
We've talked on the show before about how Trump tried banning TikTok during his first term in office.
He was 100% on board with all the lawmakers who said China is using TikTok to spy on Americans.
But on the campaign trail, he changed his tune entirely and promised that he would not let a nationwide ban go into effect.