Tag: ByteDance

TikTok Buyout Faces $100 Billion Challenge Without Key Algorithm

Highlights President Biden signs legislation forcing TikTok's sale to a US company Chinese legal restrictions may block the sale of TikTok's algorithm Investors may...

Data security concerns compel ByteDance to shelve IPO indefinitely

TikTok owner ByteDance has put on hold its plans for initial public offering (IPO) after Chinese regulators warned the company of data security risks. According...

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