In the face of bans, ByteDance tightens grip over US TikTok operations
Enlarge (credit: FT/Getty Images)
TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over the past two years, according to company insiders, even as momentum to ban the short-video app grew in Washington.
The US government passed legislation this week aimed at forcing TikTok to divest from its parent or face a countrywide ban, but prising the viral video app from its $268 billion parent company would present a formidable challenge.
More...
Заголовки