TTB White LOGO TB
  • News
  • PC & Hardware
  • Mobiles
  • Gaming
  • Electronics
  • Gadget
  • Reviews
  • How To
Trending
Stop Accidental Voice Messages in Messages by Turning Off Raise to Listen
Meta Secures Apple’s Top AI Expert with Multi Million Package
Clear Your Gmail Inbox with the New Manage Subscriptions Feature
How to Refresh Your Messages App with New Backgrounds in iOS 26
iPhone 17 Air Could Arrive in a Pale Blue Finish That Looks White in Low Light
Wednesday, Jul 9, 2025
The Tech BasicThe Tech Basic
Font ResizerAa
Search
  • News
  • PC & Hardware
  • Mobiles
  • Gaming
  • Electronics
  • Gadget
  • Reviews
  • How To
Follow US
TikTok Is Not for Sale ByteDance Stands Up Against Rumors
The Tech Basic > News > TikTok Is Not for Sale: ByteDance Stands Up Against Rumors as Tension with the US Grows
News

TikTok Is Not for Sale: ByteDance Stands Up Against Rumors as Tension with the US Grows

Evelyn Blake
Last updated: 26 April 2024 18:55
Evelyn Blake
Share
SHARE

The TikTok drama in the United States is just beginning. Recently, ByteDance denied reports suggesting it was considering selling the US version of the popular video app to prevent its potential blocking.

According to The Wall Street Journal, ByteDance addressed the issue through the digital newspaper Toutiao. Specifically, it responded to an article from The Information stating that the possibility of divesting from the social network was being considered, albeit under specific conditions.

Please follow us on Facebook and Twitter.

The aforementioned media outlet had reported that ByteDance was contemplating selling a majority stake in TikTok US, albeit without its recommendation algorithm. It also mentioned that there was a preference among Asians for the potential buyer to be a company not affiliated with the technology sector. However, the Chinese firm maintains that this information is false.

It’s clear that the controversy surrounding TikTok’s future in the United States is just beginning. ByteDance has already declared its intention to challenge the matter in the North American judicial system, arguing that the regulations recently enacted by Joe Biden, informally dubbed the “TikTok Law,” are unconstitutional.

Read Also: The Future of TikTok in Serious Danger: All the Options to Resolve Its Conflict with the US

ByteDance Denies the Sale of TikTok in the United States

ByteDance Denies the Sale of TikTok in the United States

The 21st Century Peace through Strength Act, a legislative package that includes the Protecting Americans from Foreign Adversary Controlled Applications Act, mandates that ByteDance must sell TikTok and sever ties with China within 270 days. Failure to comply within this timeframe will result in the banning of the video app in the United States.

The regulations allow for a potential 90-day extension if progress is made towards completing the sale. However, the Chinese technology company intends to resist, even if all legal avenues to prevent the ban are exhausted.

Yesterday, Reuters reported that ByteDance would rather allow the TikTok ban to take effect than sell the app to a new American owner. Although the US constitutes TikTok’s largest international market, with 170 million monthly active users, it reportedly contributes a smaller share of revenue and daily active users compared to all ByteDance platforms. Consequently, a potential ban would have a “limited impact” on their overall business.

It’s important to note that the global version of TikTok is inaccessible in China. Instead, the platform operates through an app called Douyin, launched in 2016 and boasting over 750 million monthly active users. Other popular ByteDance products in China include Toutiao, which refuted The Information’s claims, and Xigua Video.

Several business figures have publicly expressed interest in acquiring TikTok in the United States. Notable individuals include Bobby Kotick, former leader of Activision Blizzard, and Kevin O’Leary from the TV show Shark Tank, alongside Steven Mnuchin, former US Treasury Secretary, who aims to assemble a group of investors for the acquisition. However, the final outcome remains uncertain, and as of today, the sale of TikTok seems increasingly improbable.

Share This Article
Facebook Reddit Copy Link Print
Share
Evelyn Blake
By Evelyn Blake
Follow:
Evelyn Blake is an investor in technology and journalist who has been in the nascent space since 2014. Her love and passion for technological innovations made her delve deeper into the world of technology evolution. As a journalist, Evelyn has been covering latest trends and emerging gadgetries. She is a philanthropist and human rights activist.

Let's Connect

FacebookLike
XFollow
PinterestPin
InstagramFollow
Google NewsFollow
FlipboardFollow

Popular Posts

Messages

Stop Accidental Voice Messages in Messages by Turning Off Raise to Listen

Salman Akhtar
Meta

Meta Secures Apple’s Top AI Expert with Multi Million Package

Salman Akhtar
Gmail

Clear Your Gmail Inbox with the New Manage Subscriptions Feature

Salman Akhtar
iOS 26

How to Refresh Your Messages App with New Backgrounds in iOS 26

Salman Akhtar

You Might Also Like

iPhone 17 Air
News

iPhone 17 Air Could Arrive in a Pale Blue Finish That Looks White in Low Light

TikTok
News

TikTok US App Launch: New Version Required by March 2026

Google News
News

Google News Gains Bold AI Replies and Cross‑Device Message Editing

ChatGPT
News

ChatGPT Becomes the New Front Page as Google Searches Dip

Social Networks

Facebook-f Twitter Instagram Pinterest Rss

Company

  • About Us
  • Our Team
  • Contact Us

Policies

  • Disclaimer
  • Privacy Policy
  • Cookies Policy
Latest
Unlock iMessage Magic: How to Send Fireworks, Balloons, and Hearts
ChatGPT-5 Leaks: Operator Tools, Release Date, Strawberry AI Details
New Meta Tool Checks Audio and Video Rights Before Reels Go Live
YouTube Cracks Down on Formulaic Videos in New Monetisation Update
Meta Prepares Chatbots That Ping You Unprompted and Recall Old Chats

© 2024 The Tech Basic INC. 700 – 2 Park Avenue New York, NY.

TTB White LOGO TB
Follow US
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?