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Here's your TNB Tech Minute for Friday, January the 10th. I'm James Rundle for the Wall Street

Journal.

TikTok seemingly failed to convince the Supreme Court during oral arguments today that it should stop a federal law requiring its Chinese owner to divest it by January the 19th,

or face a ban in the US.

TikTok argued that the law violated its First Amendment rights,

but Justice Salina Kagan said that it was

targeted at Bite Dance its foreign owner, which doesn't have such protections under US law.

Chief Justice John Roberts also said that the court can't ignore congressional concerns that

the app, which is used by over 170 million people in the US, could be used to spread

propaganda and stockpile-sensitive data.

Here's Roberts during the proceedings.

Are we supposed to ignore the fact that the ultimate parent is in fact subject to doing intelligence work for the Chinese government?

The Supreme Court agreed to hear the case on an expedited schedule to rule before the January 19th deadline.

If the law is upheld, TikTok will disappear from app stores in the US, unless BiteDance divests

ownership, which it has said it cannot and will not do. A host of new Bitcoin exchange trade of funds

from companies such as BlackRock and Fidelity attracted about $37 billion of total net flows in

their first year of trading. Their popularity helped fuel a rally in Bitcoin that saw it

...