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TikTok Faces Pressure to Sell Business in US Amid Privacy Concerns and National Security Risks

Movements in the case of the United States forcingTikTok Famous vertical short clip platform Selling business in US over concerns that applications with companies based in China are accessing information and spying on Americans’ privacy that can lead to national stability

latest Reuters news agency (Reuters) A special report has been released. After interviewing four sources who did not want to be named, who is involved in the company. ByteDance TikTok’s parent company explains if it loses a court case it wants the company to shut down in the US rather than sell businesses to Americans

One of the reasons is that they don’t want to sell. Because it is considered to be the peak of TikTokAlgorithmthat Bydance developed on its own This is the same algorithm as Douyin, an application similar to TikTok available in China. And this algorithm is better than competitors like Tencent and Xiaohongsu. (Xiaohongshu), the source emphasized to Reuters that It is impossible to sell TikTok, stuck on the algorithm. This is because their intellectual property license is registered under ByteDance in China.

All this is just the information the source revealed to Reuters. Dance Movement Byte has refused to provide additional information from the said interview But has posted information on the social media platform in China, Toutiao, that there are no plans to sell TikTok in any way, in response to the news agency. The Information ByteDance is said to be considering the option of selling the TikTok app without selling its algorithms to a US owner.

This move happened after the US Senate passed a bill allowing TikTok to remove its operations in the US, including US President Joe Biden. That law has been signed and certified. This will take effect within 270 days, which TikTok CEO Shou Zi Chew insists on fighting in court. To allow more than 170 million TikTok users in America to continue using this short vertical clip app.

Data source Reuters

Image source Reuters

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