TikTok to take legal route if divestiture bill is passed

[Daniel Puchert]

TikTok to exhaust all legal challenges before considering sale
TikTok intends to exhaust all legal challenges before it considers any kind of divestiture from Chinese parent company ByteDance Ltd. if the latest US legislation targeting the app becomes law, according to people familiar with the matter.

A sale of the viral video app is considered to be the last resort for ByteDance, said the people, who asked not to be identified discussing private matters.

 

[FiestaST]

US passes bill that could ban TikTok unless ByteDance sells it

US passes bill that could ban TikTok unless ByteDance sells it

The bill has to also pass the Senate before being signed into law. If it does, ByteDance will have six months to find a new owner.

www.gsmarena.com

https://www.reuters.com/technology/us-house-vote-force-bytedance-divest-tiktok-or-face-ban-2024-03-13/

 

[BlackStatic]

This is supremely dodgy, a Trojan horse.

https://twitter.com/x/status/1767525209064558954

 

[Lefty309]

bussin

 

[FiestaST]

Ditto.

https://twitter.com/x/status/1768070763334991999