US businesses will lose $1B in one month if TikTok is banned, TikTok warns
Briefly

The social media company has warned that not only would a US ban impact US TikTok users, but also "tens of millions" of users globally whose service could be interrupted if TikTok has to cut off US users. And once TikTok loses those users, there's no telling if they'll ever come back, even if TikTok wins a dragged-out court battle.
TikTok has requested a decision on the injunction by December 16, and the government has agreed to file its response by Wednesday. The DOJ, however, argued that's precisely why the court should quickly deny the injunction.
"Unless this Court grants interim relief, the Supreme Court will be forced to resolve an emergency injunction application on this weighty constitutional question in mere weeks (and over the holidays, no less)," TikTok argued.
An expedient decision by this Court denying petitioners' motions, without awaiting the government's response, would be appropriate to maximize the time available for the Supreme Court's consideration of petitioners' submissions." the DOJ's letter said.
Read at Ars Technica
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