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ByteDance and U.S. in Talks to Avoid Sale of All U.S. TikTok Assets

By
Christopher Stern
· · Source: Wall Street Journal

ByteDance, the Chinese-based parent company of TikTok, is negotiating with the Trump administration about potential remedies that would avoid a forced sale of all of the video app’s U.S. assets, the Wall Street Journal reported. Talks have been ongoing for several months but heated up as the deadline nears for a potential sale. The Trump administration’s key concern is keeping data belonging to...

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