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Published 13 days ago

TikTok rejects sale despite US ultimatum threatening to ban it.

Summary by elfinancierocr.com
Chinese company ByteDance, owner of TikTok, says it has no intention of selling after US Congress approves a law threatening to ban the social network if it does not cut ties with China. US legislators set a nine-month deadline for the sale of the platform, alleging that it can be used by the Chinese government for spying and propaganda. ByteDance denies reports that it is exploring a scenario to sell TikTok without its powerful and secret algor…

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TikTok rejects sale despite US ultimatum threatening to ban it.

Chinese company ByteDance, owner of TikTok, says it has no intention of selling after US Congress approves a law threatening to ban the social network if it does not cut ties with China. US legislators set a nine-month deadline for the sale of the platform, alleging that it can be used by the Chinese government for spying and propaganda. ByteDance denies reports that it is exploring a scenario to sell TikTok without its powerful and secret algor…

13 days ago·Costa Rica
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