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Stock impact report

TikTok sues U.S. government, says ban violates First Amendment [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
The lawsuit, filed Tuesday in the U.S. Court of Appeals for the D.C. Circuit, argues that the bill, the Protecting Americans from Foreign Adversary Controlled Applications Act, violates constitutional protections of free speech. The suit calls the law an “unprecedented violation” of the First Amendment. “For the first time in history, Congress has enacted a law that subjects a single, named speech platform to a permanent, nationwide ban,” TikTok wrote in the lawsuit, “and bars every American from participating in a unique online community with more than 1 billion people worldwide.” The company argues that invoking national security concerns is not a sufficient reason for restricting free speech, and that the burden is on the federal government to prove that this restriction is warranted. It has not met that burden, the lawsuit stated. The lawsuit, which had been expected since President Joe Biden signed the bill last month, is expected to add to an already lengthy timeline fo Show less Read more
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