Thursday, December 26, 2019

ByteDance plans to sell off its stake in TikTok to prevent US backlash

Popular video sharing platform, TikTok has received a massive backlash in the US over security concerns. The issue has reached a point where the US navy has banned app on government-issued smartphones. Now a Bloomberg (via Engadget) report claims that TikTok's parent company, ByteDance is considering to cut their losses. According to sources close to […]

Read More: ByteDance plans to sell off its stake in TikTok to prevent US backlash



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