TikTok ask the court to prevent a US ban from taking effect

As TechCrunch points out, public reports by ByteDance and Oracle have differed on the terms of the proposed deal, and the president has made public statements that he would not approve any deal where the Chinese company retained partial ownership of the app. ByteDance has applied for an export license in China to facilitate the deal, assuming it is approved.

NPR reporter Bobby Allyn posted a declaration submitted by new TikTok CEO Vanessa Pappas, which lays out many of her arguments for an injuction. The CEO cited the harm that could be done if the app is banned, even if it’s later reinstated, including notes on what happened when a ban went into place in India. TikTok also argued that the pending action has caused millions of dollars in lost business deals, as well as dozens of prospective employees declining to join the company.