ByteDance would rather close down TikTok in the US than sell it if it fails to fight potential US ban in court, report says

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• ByteDance would rather close down TikTok in the US than sell it, Reuters reported, citing four unnamed sources.
• President Joe Biden recently signed into law legislation that could see TikTok banned in the US.
• ByteDance has nine months to a year to divest itself of the company under the legislation.

ByteDance, the Chinese parent company of TikTok, would rather close down TikTok in the US than sell...