|
Title: TikTok in talks with the U.S. government to avoid full sale of operations Post by: HCK on September 10, 2020, 04:05:18 pm TikTok in talks with the U.S. government to avoid full sale of operations
TikTok's roller coaster in the United States continues. What you need to know TikTok's talks with the United States government have increased recently. The Chinese government's actions to prevent the sale to a U.S. company served as a catalyst. ByteDance is looking for a way to avoid having to sell all of its U.S. operations. Reported by The Wall Street Journal, ByteDance, the company that owns TikTok, is in talks with the United States to potentially avoid having to sell its operations in the country. TikTok's Chinese parent, ByteDance Ltd., is discussing with the U.S. government possible arrangements that would allow the popular video-sharing app to avoid a full sale of its U.S. operations, according to people familiar with the matter. According to the report, talks with the United States accelerated after the Chinese government made a sale to a United States company more difficult. Discussions around such an option have risen in prominence since the Chinese governme... Source: TikTok in talks with the U.S. government to avoid full sale of operations (http://feedproxy.google.com/~r/TheIphoneBlog/~3/0m6eobvBZ9k/tiktok-talks-us-government-avoid-full-sale-operations) |