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ByteDance could get rid of TikTok stake amid US backlash

Dec 25, 2019 17:19 IST

According to reports, TikTok’s parent company ByteDance is considering selling off its stake in the video sharing social media platform, after US lawmakers and regulators voiced concerns of the app being a threat to US national security. Most recently, the US Navy banned the app from government-issued phones. Moreover, Beijing-based ByteDance has reportedly been looking for a global headquarters for TikTok, outside of China.

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Slogans of Independent India

Aug 14, 2020 14:10 IST