ByteDance denies media report of plan to sell TikTok
- Country:
- China
ByteDance has no plan to sell TikTok, the company's official account said in a statement posted on Toutiao, a media platform owned by the China-based firm. The Information earlier reported that ByteDance is exploring scenarios for selling TikTok's U.S. business without the algorithm that recommends videos to TikTok users.
U.S. President Joe Biden on Wednesday signed into law a bill that bans TikTok in the country if its owner, ByteDance, fails to divest the popular short video app over the next nine months to a year.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement
ALSO READ
Apple removes WhatsApp, Threads from app store in China after Beijing's order
One-third of China's urban residents at risk as land sinks, study reveals
China announces activation of new aviation routes near Taiwan's restricted airspace
US urges Cambodia to be transparent in China-financed canal project which alarms Vietnam
Blinken to press China over its support for Russian defense base