TikTok CEO expects to defeat US ban: ‘We aren’t going anywhere’ [Video]

TikTok’s chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by 170 million Americans.

“Rest assured – we aren’t going anywhere,” CEO Shou Zi Chew said in a video posted moments after Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s U.S. assets or face a ban. “The facts and the Constitution are on our side and we expect to prevail again.”

Biden’s signing sets a Jan. 19 deadline for a sale – one day before his term is set to expire – but he could extend the deadline by three months if he determines ByteDance is making progress. Biden is seeking a second term against former President Donald Trump.

“We don’t want to see a ban,” White House spokeswoman Karine Jean-Pierre said on Tuesday. “This …