Unboxing ByteDance / TikTok’s New Year Gift

The Supreme Court has upheld the law requiring China-based ByteDance to divest its ownership of #TikTok by Sunday or face an effective #ban of the popular social video app in the U.S. ByteDance has so far refused to sell TikTok, meaning many U.S. users could lose access to the app this weekend. The app may still work for those who already have TikTok on their phones, although ByteDance has also threatened to shut the app down. Read more at the #linkinbio or tap the link on screen. #CNBC

Lawmakers introduced a bill in Congress that would require China’s ByteDance to divest TikTok in order to avoid a ban of the app in the U.S.

General Atlantic CEO and ByteDance board member Bill Ford weighs in on the fate of TikTok under the Trump administration. Watch more at the #linkinbio #CNBC

Bytedance, the Chinese tech company behind TikTok, just rolled out its new AI video generator, Seedance 2.0, and it’s sparking backlash and despair in Hollywood. CBS News’ Jo Ling Kent reports from Los Angeles.