TikTok in talks with the U.S. government to avoid full sale of operations
What you need to know
- TikTok's talks with the United States government have increased recently.
- The Chinese government's actions to prevent the sale to a U.S. company served as a catalyst.
- ByteDance is looking for a way to avoid having to sell all of its U.S. operations.
Reported by The Wall Street Journal, ByteDance, the company that owns TikTok, is in talks with the United States to potentially avoid having to sell its operations in the country.
According to the report, talks with the United States accelerated after the Chinese government made a sale to a United States company more difficult.
As noted by 9to5Mac, CNBC has also posted a short video with more details about the update on the potential sale.
BREAKING: ByteDance & the U.S. government are discussing options that could allow it to avoid a sale of TikTok - Dow Jones pic.twitter.com/cWy78vjluQBREAKING: ByteDance & the U.S. government are discussing options that could allow it to avoid a sale of TikTok - Dow Jones pic.twitter.com/cWy78vjluQ— CNBC Now (@CNBCnow) September 9, 2020September 9, 2020
All of these talks are overshadowed by the upcoming ban of the app. Back in August, the ban got extended to 90 days with a new executive order, but time continues to pass by without a solid foothold in the United States for the app.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.