China's TikTok Plots Its Escape from U.S. Sell-or-Ban Legislation
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ByteDance Shuns Idea of Selling TikTok, Would Prefer to Shut Down U.S. Operations
ByteDance is resisting the call to sell TikTok. According to Reuters, ByteDance has until Jan. 19, 2025, to sell the app following Biden signing the bill to ban the app. Speaking on TikTok, the company’s CEO, Shou Zi Chew, blasted the bill as “unconstitutional,” telling viewers, “This is a ban on TikTok and a ban […] The post ByteDance Shuns Idea of Selling TikTok, Would Prefer to Shut Down U.S. Operations first appeared on The Source.
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Report: China's ByteDance Wants TikTok Shut down in U.S. if Legal Fight Fails
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.
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U.S. House Passes Bill Requiring ByteDance to Sell TikTok or Face Ban
In a significant development this afternoon, the U.S. House of Representatives approved a bill that mandates TikTok-owner ByteDance to divest the popular social media app or risk its prohibition in the United States. Efforts to address TikTok’s presence in the U.S. date back to the Trump Administration, with renewed attention on the issue in recent […]