Can TikTok's owner afford to lose its killer app?
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TikTok owner ByteDance reportedly would rather shut down app than sell it as it faces US ban
TikTok owner ByteDance reportedly would rather shut down the popular video-sharing app than sell it if the Chinese-based company exhausts all legal options to fight a US ban – despite growing interest from American buyers for the platform. The algorithms TikTok relies on for its operations are deemed core to ByteDance’s overall operations, which would