The US Commerce Department vowed to “vigorously defend” an executive order set to take effect on Nov. 12 that would bar ByteDance-owned TikTok from operating in the US after a federal judge blocked it.
However, the agency agreed to comply with US District Judge Wendy Beetlestone's injunction, enjoining it from barring data hosting within the US for TikTok, content delivery services, and other technology transactions.
According to Beetlestone, the US government’s descriptions of the national security threat are "phrased in the hypothetical.”
The US government alleged that TikTok poses national security concerns as personal data collected on 100 million American users could be obtained by the Chinese government.
US District Judge Carl Nichols issued a preliminary injunction on Sept. 27 that stopped the Commerce Department from ordering Apple Inc and Google app stores to remove TikTok for download.
Nichols will hold a hearing on Wednesday on the other aspects of the order that Beetlestone blocked on Friday.
Talks are ongoing for Walmart Inc and Oracle Corp to take stakes in a new company that would oversee TikTok's US operations.


Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9%
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 



