TikTok Denies Chinese Parent Preparing Divestiture
TikTok last week denied a Reuters report that it's developing an operationally independent U.S. version of the social media application that Chinese parent ByteDance could sell to a non-Chinese owner. TikTok said it continues to maintain that it's “simply not…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
possible” commercially, legally or technologically for ByteDance to divest the popular app, as a recently enacted U.S. law requires. The platform has asked the U.S. Court of Appeals for the District of Columbia Circuit to overturn the law, which will ban the app in the U.S. if it's not sold to an entity that isn’t controlled by a foreign adversary (see 2405070049). A group of TikTok content creators have also sued, claiming the law violates their First Amendment rights (see 2405160065).