, ByteDance wrote that it has submitted a license application to the Beijing Municipal Bureau of Commerce for the export of “prohibited and restricted technologies,” but did not offer any details on the exact technology in question.its export controls list adding AI technologies—including ‘‘personalized content recommendation” tools like the one used by TikTok—in a move that necessitates its approval for any deal between TikTok and a U.S. company.
A Chinese commerce ministry spokesperson said on Thursday that Beijing’s commerce bureau had received Bytedance’s application and it would handle it according to regulations, theChina’s state-controlled media has been calling on Beijing to reject TikTok’s U.S.
There has been some ambiguity on the issue of TikTok’s algorithms and technologies, with ByteDance contradicting media reports by stating that it wasn’t handing over any algorithms and technologies, adding that Oracle will only have the limited access to view the source code for TikTok U.S. ByteDance had also stated that it will retain 80% control of TikTok after the deal, a claim that has been
both by Oracle and President Donald Trump, who has threatened to scuttle any deal if Oracle doesn’t have “total control.”from Wednesday, ByteDance had told Treasury Secretary Steve Mnuchin that it would agree to terms put forth by the Committee on Foreign Investment in the United States , which had called on ByteDance to divest its U.S. operation labeling it as a potential security risk.
Smart move.
This proves that it's controlled by Chinese government and not independent.
What is up with walmart? It is affecting a population and enquiring minds want to know.
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ByteDance asks China for approval to export TikTok technology: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I still think the smart kids are going to be pissed at Trump for messing with their TikTok. Export TikTok's technology, America had better check that tech better than the flowers imported into America containing an invasive worm species that kills America's earth worms. I've seen them inside the flowers from Lowe's in Lafayette, Louisiana.
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Exclusive: How a marked-up term sheet and messy rollout threw TikTok deal into disarrayAs China's ByteDance raced to seal a deal with Oracle Corp and Walmart Inc to keep its video-sharing app TikTok operational in the United States, an apparent breakthrough came last Wednesday in a phone call to U.S. Treasury Secretary Steve Mnuchin. Watch
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The TikTok geopolitical soap opera is a confusing mess — even by Trump standardsThe global soap opera involving the President of the United States, a popular video-sharing app created in China called TikTok, two seemingly mismatched U.S.... Everything you publish is an opinion youdon’t need to remind us. Deleting Tiktok was my best decision ever. Felt it was a complete time sink with zero upside, I was right. I recommend to give it a try, even just for two or three days. That education fund is a scam. When has that ever been done? If you don't like TikTok don't use it. I dumped Facebook long ago. Personal choice. Gov't shouldn't tell us what we can & can't do
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What a TikTok exec told the British government about the app that we didn’t already knowTheo Bertram, TikTok's director of government relations and public policy in Europe, lifted the lid on some of TikTok's closely guarded secrets while being grilled by politicians.
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