TikTok warns of US ban without free speech court ruling

News Snapshot:

TikTok has launched a long-awaited legal fight to stop its Chinese owner being forced to sell the short video platform's US operations, arguing it violates Americans' rights to free speech. TikTok and Chinese parent ByteDance were told in April they had until January next year to divest TikTok in the US or face the prospect of the app being banned in the country. Legislation, signed by President Joe Biden, gives the US government the power to demand such sales on national security grounds. Money latest: Interest rate held at 16-year high in blow for borrowers The concern in this case...