ByteDance in talks with US to avoid selling TikTok – The Manila Times - News Summed Up

ByteDance in talks with US to avoid selling TikTok – The Manila Times


SAN FRANCISCO: Chinese internet giant ByteDance is in talks with the United States about ways it might avoid having to sell its TikTok operations here, the Wall Street Journal reported Wednesday (Thursday in Manila). Walmart has joined forces with Microsoft in negotiations to buy TikTok. TikTok — which has been downloaded 175 million times in the US and more than a billion times around the world — has filed a lawsuit challenging the crackdown by the US government. TikTok — used by as many as a billion people worldwide to make quirky, short-form videos on their cellphones — has repeatedly denied sharing data with Beijing. Talks between ByteDance and the US have been taking place for months but have grown more urgent as the deadline set by Trump nears, according to the Journal report.


Source: Manila Times September 09, 2020 22:41 UTC



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