BEIJING/SHANGHAI - China's new rules around tech exports mean ByteDance's sale of TikTok's US operations could need Beijing's approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment.
Microsoft Corp and Oracle Corp are among the suitors for the assets, which also includes TikTok's Canada, New Zealand and Australia operations. "If ByteDance plans to export related technologies, it should go through the licensing procedures," Cui said in an interview with Xinhua published on Saturday.
This engine, or algorithm, powers TikTok's For You page, which recommends the next video to watch based on an analysis of your behaviour.
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