ByteDance in talks with US to avoid selling TikTok: Report

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SAN FRANCISCO (AFP) - Chinese internet giant ByteDance is in talks with the US about ways it might avoid having to sell its TikTok operations here, the Wall Street Journal reported Wednesday (Sept 9).. Read more at straitstimes.com.

SAN FRANCISCO - Chinese internet giant ByteDance is in talks with the US about ways it might avoid having to sell its TikTok operations here, the Wall Street Journal reported Wednesday .

TikTok - which has been downloaded 175 million times in the US and more than a billion times around the world - has filed a lawsuit challenging the crackdown by the US government. TikTok - used by as many as a billion people worldwide to make quirky, short-form videos on their cellphones - has repeatedly denied sharing data with Beijing.

Trump last week repeated his demand for a piece of the action from any sale of TikTok's US operations for forcing such a deal. Critics have slammed Trump's call for the US government to get a cut of the deal, contending that it appears unconstitutional and akin to extortion.

 

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