TikTok owner ByteDance reportedly will not sell to a US firm if it is unable to convince a court to overturn President Biden s day-old law forcing a sale or ban.
TikTok owner ByteDance reportedly will not sell to a US firm if it is unable to convince a court to overturn President Biden's day-old law forcing a sale or ban.
TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said.