By Kane Wu and Julie Zhu HONG KONG (Reuters) -TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.
Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. has received President Joe Biden’s official signoff.
Continue reading White House spokeswoman Karine Jean-Pierre said on Tuesday, according to Reuters will still be using it to reach young voters video posted on TikTok according to YouGov data from last month Montana last year Electronic Frontier Foundation Civil Liberties Director David Greene told Mashable bill of attainder to call lawmakers As Mashable's Tim Marcin wrote As journalist and commentator Casey Newton pointed out in Platformer piece for Lawfare on Monday Lamont v.
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 –
ByteDance made it clear on Thursday that if legal routes to fight the new legislation fail, it would rather shut down TikTok completely in the U.S. and remove the social media pla
TikTok ‘s owners would rather the app be shut down in the U.S. than ever sell it. President Joe Biden just signed a bill that could see the video-sharing giant forced to sell the site within 12 months or face a nationwide ban.
TikTok owner ByteDance reportedly will not sell to a US firm if it is unable to convince a court to overturn President Biden's day-old law forcing a sale or ban.
TikTok parent ByteDance has said it has no intention of selling it, after the US Congress passed a law forcing it to sell the hugely popular video platform or get banned in the United States.
TikTok is facing restrictions worldwide and could be banned in the U.S. following a new law signed by President Joe Biden. Credit - Jakub Porzycki—. O n Wednesday, J
U.S. President Joe Biden signed legislation Wednesday forcing TikTok's parent company to sell the video-sharing platform or face a U.S. ban, likely to face legal challenges by the Chinese-owned company.