Mar 26, 2024 06:10 PM
TECH
Daily Tech Roundup: ByteDance Won’t Sell TikTok Despite Looming U.S. Ban, Sources Say
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People hold up signs supporting TikTok during a news conference outside the U.S. Capitol in Washington, DC on March 12. Photo: VCG
Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.
ByteDance holds firm against selling TikTok despite U.S. ban threat
ByteDance Ltd. doesn’t plan to sell TikTok despite the U.S. Congress threatening to ban the popular short-video platform unless it’s divested from its Chinese owner.
Zhang Yiming, the founder and a major shareholder of Beijing-based ByteDance, steadfastly opposes a sale, several people close to the company told Caixin.
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