TikTok owner ByteDance reportedly would rather shut down app than sell it as it faces US ban
New York Post - 2024-04-25T22:15:19.000Z

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

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App’s ‘secret source’ algorithm reportedly core to operations of parent company, which sources say make a sale highly unlikelyByteDance would prefer to shut down TikTok rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the US, four sources said.The algorithms TikTok relies on for its operations are deemed core to ByteDance’s overall operations, which would make a sale of the app with algorithms highly unlikely, said...
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In related news

ByteDance would rather shut TikTok in the US than sell if legal challenge against ban law fails (report)

ByteDance would shut down TikTok in US rather than sell it, sources say

TikTok Ban: No Selling, Divest Operations Amidst US Shut Down Threats