2024-05-01 14:40:30
The decision of close TikTok in the United States It’s a real possibility that parent company ByteDance is considering amid legal tensions. Following a law approved by the United States Congress, a period of nine months was imposed for TikTok cut ties with China or risk being banned.
US lawmakers fear that TikTok be one spy tool and propaganda for the Chinese government. Although ByteDance has repeatedly denied such allegations, legal pressure remains.
Despite rumors about a possible sales TikTok without its core algorithm, ByteDance has denied such plans. The company maintains that TikTok is not for sale and that it will remain under your control.
ByteDance is prepared to take the legal battle to court, but there is uncertainty over whether national security will prevail over free speech before the Supreme Court.
A forced sale of TikTok would face numerous challenges. Large companies like Meta or Google could face antitrust restrictions, and Beijing’s approval is necessary for any deal as it considers recommendation algorithms protected technology.
Although TikTok is a global phenomenon, it represents only a fraction of ByteDance’s total revenue. The company has experienced rapid growth in recent years and has significant investments from international firms.
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2024-05-01 14:40:30