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.
  • queermunist she/her@lemmy.ml
    5·
    2 months ago

    Not yet. There was an executive order to ban selling data to “enemies” that would include China but it hasn’t been implemented.

    Also I’m highly skeptical it’ll work. China can just work through proxies and not buy directly.