Bytedance prefers to shut down TikTok in US instead of selling it

Four sources familiar with the matter revealed the development according to Reuters.

The new legislation could potentially ban the app from US app stores. The sources, who spoke on condition of anonymity, underscored that the algorithms essential to TikTok’s functionality are integral to ByteDance’s global operations, making their sale highly improbable.

Despite TikTok’s massive popularity, it contributes minimally to ByteDance’s total revenue and daily active users.

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