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EveryTechEver > Blog > News > ByteDance has no plans to sell TikTok despite US pressure
News

ByteDance has no plans to sell TikTok despite US pressure

TikTok is not giving up just yet.

RV Cuarto
Last updated: April 28, 2024 8:44 AM
RV Cuarto
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In a whirlwind of controversy surrounding TikTok’s future in the United States, ByteDance, the parent company of the wildly popular video platform, has made a bold declaration: it has no intention of selling TikTok, despite mounting pressure from US lawmakers.

The firm statement from ByteDance comes in response to recent reports circulating in the tech sphere, particularly from The Information, suggesting that the Chinese tech giant was mulling over potential strategies for offloading TikTok without relinquishing its coveted recommendation algorithm – the very engine that drives TikTok’s viral success.

As the dust settles from the passage of a bill in the US Congress, which aimed to compel ByteDance to divest itself of TikTok or face a nationwide ban, ByteDance took to its official Toutiao account to set the record straight.

tiktok

“Foreign media reports about ByteDance exploring the sale of TikTok are untrue,” the company asserted in a late-night post on Thursday. “ByteDance does not have any plans to sell TikTok.”

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While ByteDance’s steadfast stance provides a glimmer of assurance to TikTok enthusiasts worldwide, concerns about national security continue to loom large on the horizon. US Congress members and government officials have long voiced apprehensions regarding TikTok’s potential threat to national security, particularly in light of its ties to ByteDance.

With TikTok’s fate hanging in the balance, the clash between privacy concerns, national security interests, and corporate sovereignty underscores the complexity of the digital age. As ByteDance digs in its heels and the debate rages on, all eyes remain fixed on the future of TikTok, a platform that has captured the hearts and attention of millions across the globe.

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ByRV Cuarto
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RV Cuarto is the founder and editor-in-chief of EveryTechEver, a startup team of writers and researchers. He started in tech journalism in the early days of 2012 as the founder of the successful tech site Nokia Revolution. His belt of experience spans across the industry, from consumer electronics, data operations, and cloud computing, with several brands including Dell, Nokia, Realme, and Huawei. He is also an HIV advocate and a public speaker. He spends his free time singing, playing mobile games, and experimenting with new recipes in his kitchen. Follow him on Tiktok.
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