Chinese tech giant ByteDance reportedly wants TikTok to shutdown in the United States if its legal fight against the recently passed ban-or-sell legislation fails.
ByteDance, TikTok’s China-based parent company, prefers to let the app be shut down in the United States rather than sell it if the Chinese company is unable to win against the sell-or-ban legislation in court, four sources familiar with the situation told Reuters.
Nebraska NCAA college pole vaulter Jessica Gardner looks at her phone Thursday, March 9, 2023, in Lincoln, Neb. (AP Photo/Rebecca S. Gratz)
TikTok influencers Florin Vitan (L) and Alessia Lanza perform a video for the social network TikTok in the “Defhouse”, a TikTok influencers incubator. (Photo by MIGUEL MEDINA/AFP via Getty Images)
Sources say ByteDance doesn’t want to sell TikTok because going through with a sale would mean a foreign…
