Bytedance Could Miss US Deadline For Tiktok Deal: Report

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ByteDance has mentioned the Chinese language authorities doesn’t have any jurisdiction over TikTok content material

ByteDance is more likely to miss the deadline imposed by the Trump administration for the sale of TikTok’s US property as new Chinese language rules have sophisticated deal talks with bidders Microsoft Corp and Oracle Corp, Bloomberg reported on Thursday.

The corporate probably wants past the US govt order ban on September 20 to achieve an settlement with both of the events as a result of Chinese language regulatory assessment, the report mentioned, citing folks accustomed to the matter.

ByteDance didn’t instantly reply to a Reuters request for remark.

The Trump administration is looking for to ban TikTok except ByteDance sells the short-video app’s US operations, citing potential nationwide safety danger as a result of huge quantity of personal information the app is compiling on US shoppers.

ByteDance has mentioned the Chinese language authorities doesn’t have any jurisdiction over TikTok content material.

(Apart from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)



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