ByteDance filed a request with the Beijing Municipal Commerce Bureau asking for approval to export its technology under restrictions recently implemented by the Chinese government, according to Bloomberg.China expanded its list
of "forbidden and restricted technology exports" to include "personalized information recommendation services based on data analysis" — such as the algorithm that powers TikTok. That move threw a wrench in the TikTok deal by requiring the company to obtain a license from the government, effectively giving Beijing veto power over a deal.
That contention has become one of several major sticking points in a proposed deal involving Oracle and Walmart, which Trump gave "preliminary" approval to earlier this week, prompting the US Commerce Department to
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Export TikTok's technology, America had better check that tech better than the flowers imported into America containing an invasive worm species that kills America's earth worms. I've seen them inside the flowers from Lowe's in Lafayette, Louisiana.
I still think the smart kids are going to be pissed at Trump for messing with their TikTok.
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