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TikTok’s challenge to U.S. ban faces skepticism in federal appeals court

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Top stories today:

  1. TikTok’s challenge to U.S. ban faces skepticism in federal appeals court
  2. iOS 18 released with significant home screen update
  3. Sam Altman leaves OpenAI board’s safety and security committee
  4. Trump officially unveils his crypto business World Liberty Financial
  5. Microsoft launches Copilot Pages for “multiplayer AI collaboration”

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. TikTok’s challenge to U.S. ban faces skepticism in federal appeals court

  • A 3-judge panel heard 2 hours of arguments in the TikTok lawsuit.

  • “Why is this any different, from a constitutional point of view, than the statute precluding foreign ownership of a broadcasting license?” Judge Douglas Ginsburg asked.

  • National security concerns were raised by the Justice Department lawyer.

  • The law violates free speech, TikTok’s lawyer argued.

  • Jan. 19: when the TikTok ban could take place under the divest-or-ban law.

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3. iOS 18 released with significant home screen update

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