News > TikTok’s sale in U.S. may need China’s approval

TikTok’s sale in U.S. may need China’s approval

The Hindu | 30/08/2020 11:03 PM | Click to read full article

China’s new rules around tech exports mean that ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval.

TikTok’s secret weapon is believed to be its recommendation engine that keeps users glued to their screens. ByteDance’s development overseas had relied on its domestic technology that provided the core algorithm and said the company may need to transfer software codes or usage rights to the new owner of TikTok from China to overseas.

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