Social-Media
ByteDance may miss the U.S. deadline for the TikTok agreement: Bloomberg
ByteDance is expected to meet the deadline set by Trump's administration for the selling of TikTok 's U.S. properties as new Chinese rules have complicated negotiations with bidders Microsoft Corp and Oracle Corp, Bloomberg announced on Thursday.
The corporation is likely to continue to negotiate an understanding with one of the parties after the Chinese regulatory review after the US Executive Order Ban on Sept. 20, according to the article, quoting people who are familiar with the matter.
ByteDance did not respond directly to the Reuters request for comments.
Trump's administration is trying to block TikTok until ByteDance sells U.S. short video service operations, citing possible national security threats related to the large volume of private data the software compiles on U.S. users.
ByteDance reported that the Chinese Government had no authority over the material of TikTok.
