ByteDance Is Said to Need China Nod for TikTok Sale

Aug.30 — ByteDance Ltd. will be required to seek Chinese government approval to sell the U.S. operations of its short-video TikTok app under new restrictions Beijing imposed on the export of artificial intelligence technologies, according to a person familiar with the matter. Ros Krasny reports on “Bloomberg Daybreak: Australia.” …read more

Source:: Yahoo Finance

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