China Would Rather Shut Down TikTok Operations In The US Than To Be Sold
As Donald Trump‘s deadline to sell to a US company closes in, sources say China would rather shut down their TikTok operations in the US than to be sold to a US company, forcefully.
Per Reuters, Beijing government officials oppose the forced sale of ByteDance’s US operations, so much that they’d be ok with killing it off. Since Trump threatened to ban the app last month, giving the company a deadline to finalize a deal by mid-September, ByteDance (parent company of TikTok) has been in talks with Microsoft, Oracle and more; but nothing has been made final.
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In addition to negotiating deals with US companies, the Chinese company has even revised a list of technologies fixing issues like privacy, which Trump called them out for. Furthermore, while the company denies any truth to these shut down claims, sources say that officials believe a forced deal would make ByteDance and China appear weak to the masses; as it’d look like they are succumbing to the pressure from Washington.
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