ByteDance has no plans to sell TikTok despite looming ban

by ian

 

It looks like ByteDance would rather see TikTok banned in the US than sell its massively popular social media app.

As you probably know, Congress passed a bill last week giving the Chinese company nine months to sell TikTok or be banned in the US. Lawmakers say China uses the app to steal users’ private information and hack American technology.

On Thursday, ByteDance denied reports that it’s looking to sell TikTok, saying it doesn’t have any plans to do so at this time.

TikTok CEO Shou Chew said the company plans to challenge the ban in court. He said on Wednesday, “Rest assured, we aren’t going anywhere.”

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