Microsoft says ByteDance will not be selling TikTok U.S. operations to them

Those who were prematurely celebrating (or mourning) a new era for TikTok under Microsoft will have to put their party hats away. The tech giant has just confirmed that TikTok owners ByteDance have decided to not sell their US operations to them. This comes on the heels of rumors that China would rather close down … Read more

Bytedance asks TikTok to draw up contingency plans in case it needs to shut down in U.S.

Chinese parent company ByteDance has urged TikTok to draw up contingency plans should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday. ByteDance has been ordered by President Donald Trump to divest sell its US arm, amid security concerns over the … Read more

Bytedance asks TikTok to draw up contingency plans in case it needs to shut down in U.S.

Chinese parent company ByteDance has urged TikTok to draw up contingency plans should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday. ByteDance has been ordered by President Donald Trump to divest sell its US arm, amid security concerns over the … Read more