Bytedance said that TikTok will not be sold

The United States Senate has passed a bill on the video sharing app TikTok. They stipulated that the app should be sold to a US company. Or the US will ban the app in its country. Given all this, ByteDance, the company owned by TikTok, said that they would not sell this app. News BBC.

The company said through its official account on its owned media platform Toyoshiao, "ByteDance has no plans to sell TikTok." However, TikTok has not yet commented on the matter.


Earlier this week, TikTok said it would go to court to challenge the US decision. According to a report by technology website The Information, ByteDance is considering selling the TikTok app in the United States. In response to this report, ByteDance said that foreign media reports about TikTok being sold are not true. Recently, US President Joe Biden signed the sell or embargo law.


Category and Tags
More stories by
The Demerits of an Illegal Government in a Country

An illegal government, characterized by its lack of legitimacy and non-compliance with the established legal and constitutional frameworks, can have far-reaching and devastating impacts on a country. Such a government often emerges through undemocrat

Elon Musk publicly endorsed Trump for president after the attack

Photo:ReutersTesla billionaire owner Elon Musk has endorsed Donald Trump in the upcoming US election. This is the first time he has publicly endorsed a Republican candidate. Elon Musk expressed his support and described Trump as "strong".Elon Musk an

Elon Musk and the executive of Neuralink welcome their third child. This is the current count of his children.

According to Bloomberg News, Elon Musk and Neuralink Corp. director of special projects, Shivon Zilis, welcomed their third kid earlier this year. Musk is the CEO of Neuralink, the company he founded that makes brain implants. In an interview wi

Who are the 10 most valuable companies in the world?

For a few days, there is a lot of discussions about which is the most expensive company in the world. The chip com...

Elon Musk will receive a salary of 56 billion dollars as CEO

Electric car maker Tesla's shareholders have voted to approve CEO Elon Musk's $56 billion pay package. The approval process was completed yesterday Thursday at the annual meeting of Tesla partners in Austin, Texas, USA. Reuters newsAt the annual meet

Follow Business Habit on Facebook, Twitter