Chinese owner denies it’s willing to sell TikTok as US ban looms


by KIFI

KIFI— By Laura He, CNN Hong Kong (CNN) — TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media

AppleInsider—Biden will ban TikTok unless Chinese owner ByteDance sells it. After a vote in the Senate tied to foreign aid late on Tuesday, President Biden will sign into law a requirement for ByteDance to sell or divest its TikTok platform within a year. TikTok could be banned in the US The combination bill including a potential TikTok ban was approved first by the House of Representatives, and now also by the Senate. President Biden says he will sign it into law on Wednesday, April 24, 2024. According to Reuters, the legislation mandates that TikTok will be...

Daily Mail—Biden says first weapons will be sent to Ukraine in HOURS as he signs bill sending $95 billion in aid to Kyiv, Israel and Taiwan and forcing TikTok to be banned if Chinese owner doesn't sell. President Joe Biden on Wednesday signed a $95.3 billion foreign aid package that sends much needed weapons to the Ukraine and includes a ban on TikTok.

New York Post—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