{"id":885913,"date":"2024-12-10T08:37:28","date_gmt":"2024-12-10T03:07:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=885913"},"modified":"2024-12-10T08:53:34","modified_gmt":"2024-12-10T03:23:34","slug":"tiktok-raises-alarm-29-ad-revenue-loss-millions-of-users-at-risk-from-shutdown","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/10\/tiktok-raises-alarm-29-ad-revenue-loss-millions-of-users-at-risk-from-shutdown\/","title":{"rendered":"TikTok raises alarm: 29% Ad revenue loss &amp; millions of users at risk from shutdown"},"content":{"rendered":"<p>TikTok and its parent company, ByteDance, are escalating their legal battle by petitioning a federal appeals court to block a law that could lead to the app&#8217;s ban in the United States. The move seeks to prevent enforcement until the US Supreme Court reviews their challenge to the statute, which was recently upheld by a three-judge panel. <\/p>\n<p>Law\u2019s impact and shutdown threat <\/p>\n<p>The law mandates that ByteDance divest its ownership stake in TikTok or face a potential ban. If enforced, TikTok has warned that the app would likely shut down by January 19, 2025, impacting over 170 million US-based users.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TikTok and its parent company, ByteDance, are escalating their legal battle by petitioning a federal appeals court to block a law that could lead to the app&#8217;s ban in the United States. The move seeks to prevent enforcement until the US Supreme Court reviews their challenge to the statute, which was recently upheld by a three-judge panel. Law\u2019s impact and shutdown threat The law mandates that ByteDance divest its ownership stake in TikTok or face a potential ban. If enforced, TikTok has warned that the app would likely shut down by January 19, 2025, impacting over 170 million US-based users.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,4,56],"tags":[],"class_list":["post-885913","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-telecom-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=885913"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885913\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=885913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=885913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=885913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}