TIKTOK’S OWNER BYTEDANCE WOULD RATHER ‘SHUT DOWN’ IN US THAN SELL IT

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There remains a possibility regarding the future of TikTok in America as TikTok’s Chinese original company ByteDance has made it clear that If they are forced to, they will ban TikTok instead of selling their American business.

Tough choice for ByteDance

This decision has been driven by the ongoing controversy regarding the national security concerns of the US government. America is worried that TikTok may give data of users to the Chinese government. However, ByteDance has rejected these allegations outright.

But selling TikTok is also not easy. The algorithm that runs TikTok, also known as the company’s “secret sauce”. Very important for ByteDance’s entire business. It is believed that the company does not want to sell this algorithm to any buyer.

 

TikTok’s popularity in America

If there is no dialogue, then shutting down TikTok in the US would be disappointing for both parties. TikTok is especially popular among the youth and America is one of its biggest markets. At the same time, there are millions of creators on TikTok in America, ranging from entertainment to employment.

TIKTOK'S OWNER BYTEDANCE WOULD RATHER 'SHUT DOWN' IN US THAN SELL IT

If TikTok is shut down in America So this will be a big shock for the users there. On the other hand, if ByteDance decides to sell TikTok to an American company, Still many questions arise.

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