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TikTok is considering selling its operations in several countries after local govts shut out the app, in fears that sensitive user data was being shared with the Chinese state.
Experts offer answers on the multiple questions surrounding India’s ban on Chinese apps, which comes amid soaring border tensions between the nations.
Whether the restrictions will apply just to US transactions or also extend to operations globally, could cut into sales across a wide swath of American business.
Trump believes US deserves compensation for resolving national security threat posed by TikTok and the administration is looking at ways to extract a payment from any deal that’s struck.
China has added new items to its list of export controls. This means ByteDance will now need Chinese government approval to sell TikTok’s US operations.
Kevin Mayer resigned after only three months as CEO, citing US administration’s push for ByteDance to sell its operations due to national security concerns.
Microsoft and Walmart are already collaborating on cloud applications, brought together by mutual rivalry with Amazon.
TikTok & its Chinese parent ByteDance sued in court in Los Angeles to challenge order from Trump prohibiting US residents from doing business with it.
TikTok is set to challenge Trump's order banning transactions with the popular social media app. The move comes on the first day of the Republican National Convention.
Techno-nationalism connects a nation’s tech innovation to its self-image. Trump’s pushback against Chinese techno-nationalism is not limited to Huawei.