Chinese tech giant ByteDance reportedly wants TikTok to shutdown in the United States if its legal fight against the recently passed ban-or-sell legislation fails.
TikTok influencers Florin Vitan and Alessia Lanza perform a video for the social network TikTok in the “Defhouse”, a TikTok influencers incubator. ByteDance believes a shutdown of TikTok in the U.S. would have a small impact on its business while letting the company keep its core algorithm for itself.
Source: Law Daily Report (lawdailyreport.net)
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