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Sputnik — TikTok Owner Asks Court to Block Trump’s Divestment Order, Cites Protections Under US Constitution

Summary:
TikTok parent company ByteDance has filed a petition with the US Court of Appeals for the District of Columbia challenging the Trump executive order ordering it to divest from the video-sharing social networking service by Thursday, 12 November.In its appeal, ByteDance states that the US government’s arguments that TikTok is a security threat are unlawful, and a violation of the company’s rights under the US Constitution.Sputnik InternationalTikTok Owner Asks Court to Block Trump’s Divestment Order, Cites Protections Under US Constitution

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TikTok parent company ByteDance has filed a petition with the US Court of Appeals for the District of Columbia challenging the Trump executive order ordering it to divest from the video-sharing social networking service by Thursday, 12 November.

In its appeal, ByteDance states that the US government’s arguments that TikTok is a security threat are unlawful, and a violation of the company’s rights under the US Constitution.

Sputnik International
TikTok Owner Asks Court to Block Trump’s Divestment Order, Cites Protections Under US Constitution
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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