TikTok owner ByteDance earns praise from Chinese social media for rejecting US sell-or-ban ultimatum

Beijing-based ByteDance late on Thursday rejected a report by US digital publication The Information, which said that it was “exploring scenarios” to sell a majority stake in TikTok’s US operations to firms outside the technology industry and without the algorithm that powers the platform. In a statement posted on its Jinri Toutiao news platform, ByteDance … Read more

US sell-or-ban law against TikTok stirs unease in China as Beijing, social media giant ByteDance stay mum on next moves

An article published by the Beijing Daily, the official newspaper of the Chinese Communist Party’s Beijing Municipal Committee, said the measure against TikTok is tantamount to a “robbery” that would “completely destroy American national credibility, which is already flawed”. United States President Joe Biden speaks after signing into law the foreign aid bill and a … Read more