ByteDance Denies Selling TikTok Amid US Ban Threat
TikTok's parent company, ByteDance, has denied plans to sell the popular video-sharing app after the US Congress passed a law requiring it to do so or face a ban.
Reports suggested ByteDance was considering selling TikTok without its recommendation algorithm, but the company has since dismissed these claims as untrue.
ByteDance, the Chinese company that owns TikTok, has announced no plans to sell the popular social media app despite concerns from US officials over national security threats.
Allegations include potential data collection and Chinese propaganda.
TikTok denies sharing US user data with Beijing, and CEO Shou Zi Chew intends to challenge the new law in court.