Tiktok divestment articles
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Clock Ticking: TikTok Ban More Likely Than Divestment
On Wednesday, President Joe Biden
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Reuters: ByteDance would prefer TikTok shutdown in the US instead of divesting
The US government approved the landmark national security package which was signed into law by President Joe Biden yesterday. The new regulation effectively gives TikTok parent company ByteDance an ultimatum to sell TikTok’s US business to a local company in the next nine months or face an effective ban on the platform. Reuters is now reporting that ByteDance is not willing to sell off TikTok to a US company and would rather have its platform shut down. TikTok’s algorithms are deemed core to...
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TikTok Criticises US Ban Or Divest Bill, Vows To Fight In Court
Following the signing of the TikTok ban bill by US President, TikTok released a statement reiterating its decision to challenge it in courts.