ByteDance board member ‘optimistic’ TikTok will find non-sale options in US, report says
TikTok is exploring alternatives to selling its US business amid ongoing national security concerns raised by the government. ByteDance board member William Ford expressed optimism that solutions can be found that address these concerns without necessitating a sale. His comments come after a period of relative calm since the Trump administration's initial actions against the app.
Ford highlighted that discussions about non-sale options are crucial in ongoing negotiations with the Trump administration, although interactions with the Biden administration have been limited. He suggested that these alternatives could involve some form of local control to comply with US regulations. Additionally, Ford emphasized the potential for improved dialogue between US President Trump and Chinese President Xi Jinping to foster a more constructive environment, which could ultimately lead to a favorable resolution for TikTok’s future in the US market.
via SCMP Full Text Feed
TikTok is exploring alternatives to selling its US business amid ongoing national security concerns raised by the government. ByteDance board member William Ford expressed optimism that solutions can be found that address these concerns without necessitating a sale. His comments come after a period of relative calm since the Trump administration's initial actions against the app.
Ford highlighted that discussions about non-sale options are crucial in ongoing negotiations with the Trump administration, although interactions with the Biden administration have been limited. He suggested that these alternatives could involve some form of local control to comply with US regulations. Additionally, Ford emphasized the potential for improved dialogue between US President Trump and Chinese President Xi Jinping to foster a more constructive environment, which could ultimately lead to a favorable resolution for TikTok’s future in the US market.
via SCMP Full Text Feed
