ByteDance, the parent company of TikTok, has declared that it will not sell the popular video-sharing app in order to continue its operations in the U.S. Despite facing potential ban under a law signed by President Biden, ByteDance is standing firm and has released a statement refuting reports that it was exploring options to sell TikTok without its algorithm. The company’s decision signals its intention to fight the ban rather than backing down.
If TikTok were to be sold in the U.S., it would likely be a different app from what users are familiar with today, as Chinese export rules would govern the transfer of the app’s algorithm. The TikTok algorithm has been a crucial element in the app’s popularity among users. Meanwhile, TikTok has announced its intention to challenge the new law in court. Previous attempts to ban TikTok, including those under the Trump administration and in various states, have been thwarted by the courts. TikTok remains optimistic about its ability to continue operating in the U.S. and is ready to defend its position through legal means.
This threat represents the most significant challenge TikTok has encountered in the U.S. yet, but ByteDance is determined not to give up on its operations in America