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ByteDance prefers TikTok shutdown in U.S. if legal options fail, Reuters sources say

www.ctvnews.ca ByteDance prefers TikTok shutdown in U.S. if legal options fail, Reuters sources say

TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said.

ByteDance prefers TikTok shutdown in U.S. if legal options fail, Reuters sources say
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  • Please, PLEASE, let this be the case.

    • I think there's a zero chance China would allow the sale. Imagine the precedent giving into such mob tactics would set. US could just go after any successful Chinese company doing business in US and demand that it's sold off to American oligarchs.

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