Astrazeneca (AZN)- Technical & Fundamental Analysis
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Astrazeneca (AZN)- Technical & Fundamental Analysis
06 Nov 2025, 09:34
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Today, TikTok will begin appealing against a regulation that would prohibit it from operating in the US unless its Chinese owner, ByteDance, sells the social media app within nine months.
President Biden signed the bill into law in April as a result of worries that China's government may misuse the data of US consumers.
ByteDance and TikTok have always refuted any connections to the Chinese government and called the regulation an "extraordinary intrusion on free speech rights."
The company, which asserts to have over 170 million US users, will present its case to a three-judge panel in a Washington, DC, appeals court.
Legislators and DoJ officials are concerned that TikTok might be used by the Chinese government to disseminate propaganda outside of the United States, in addition to data privacy issues.
On the other hand, proponents of the US Constitution's First Amendment, which guarantees the country's strong free speech rights, contend that maintaining the divestment or ban legislation would be a gift to all authoritarian governments.
It has submitted an amicus brief, which is a set of legal documents from a non-party interested in the case that offers knowledge or experience in the hopes of swaying the jury's decision.
Additionally, Mr. Wang chastised legislators for being evasive in identifying the precise national security risks they assert TikTok presents.
(Sources: bbc.co.uk)