TikTok Deal Talks Are Slowed Over New China Rules

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Plans to quickly finalize a deal between the Chinese parent company of TikTok and suitors for the app’s U.S. operations have been thrown off track after China introduced new restrictions that appear designed to affect a potential sale

Plans to quickly complete a deal between the Chinese parent company of TikTok and suitors for the app’s U.S. operations have been thrown off track as the parties huddled over the weekend to weigh new Chinese restrictions that appear designed to affect a potential sale, according to people familiar with the discussions.

China late on Friday issued new restrictions on the export of artificial-intelligence technology that forced ByteDance Ltd., TikTok’s parent, to slow down talks with companies including Microsoft Corp., Walmart...

 

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Ok folks called it earlier. China knows that in IP review their tracking software intelligence will be uncovered and if US company has it is required to disclose to the government. CHINA has to cover up and delay.

It is crazy to think Chinese government will allow the sell.

Beijing dont want US to find out in TikTok‘s algorithm,there is spyware in it.

anyways, no one should use tiktok. it's just an app purely designed for mass surveillance and facial recognition. if you want to be watched and stalked by Papa Xi, keep it then chinaiz tiktokban MondayMotivaton chinazi

Because Bytedance sells tikTok programs with very important algorithmic information, and that's what China prohibits from selling, you know? What the US wants is not the business rights of Tik Tok, but the very important algorithmic intellectual property.

Ban them then!

No country will allow anything to happen that endangers national security.

good! whole thing is a bluff, i hope they call it.

TT’s owners will be the losers. No deal with MSFT, and blackout in the US.

No evidence of spying, no 'What-to-do' compliance guidance from the US. The only option for you is to sell your most profitable business to an American company in about a month. What a free market! BTW, the American government wants its agent fee...🤣😅 tiktokban tiktok

Who cares. New rules to cover old lies Nope

Eliminate tiktok evil!

Who in their right mind thinks China will approve their company to be sold to a US company?

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A TikTok ban could be devastating for American retailers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Markerly Markerly اللي مهتم لتعلم الفوركس للمبتدئين تواصل معي على قناتي Markerly Not true. American retailers were doing just fine without tiktok .
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