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Now that TikTok could realistically be banned in the US in a year from now, billionaires are lining up shout their intentions to buy TikTok from Chinese parent Bytedance if it agrees to sell.

A sale is unlikely as the algorithms powering the short-video app are key to ByteDance's overall operations, four sources told Reuters.

ByteDance, the Chinese owner of TikTok, plans to not sell the social media app despite a new law requiring divestment within 12 months or face a ban in the U.S. This decision was shared on Toutiao, a platform owned by ByteDance. President…

The China-based owner of TikTok is facing a new law that will force it to either sell the wildly popular video platform, or face a U.S. ban.

Chinese tech giant ByteDance reportedly wants TikTok to shutdown in the United States if its legal fight against the recently passed ban-or-sell legislation fails.

ByteDance plans to exhaust every legal strategy it can, but if it comes down to it, the company won't sell TikTok.

ByteDance reportedly will not sell its U.S. TikTok business, even if it loses its legal battle in the United States. The company said late Thursday (April 25) in a post on another app that it owns, Toutiao, that reports it was considering…

TikTok’s Chinese parent company, ByteDance, said it will not sell the popular video sharing app to continue its business in the U.S., despite facing a potential ban under a law President Biden signed Wednesday. The bill, included in a…

The US government approved the landmark national security package which was signed into law by President Joe Biden yesterday. The new regulation effectively gives TikTok parent company ByteDance an ultimatum to sell TikTok’s US business to…

ByteDance broke its silence on the TikTok ban bill that Biden signed into law this week.

The US government passed a sell-or-ban measure into law earlier this week

ByteDance said a report that it’s mulling the sale of a majority stake in TikTok’s American business — after the U.S. adopted a law forcing it to divest its ownership position or face a ban of the app — is “untrue.” The Chinese internet…

ByteDance, TikTok’s mother company, will rather shut down its app in the United States (US) rather than sell, a new

TikTok owner ByteDance reportedly will not sell to a US firm if it is unable to convince a court to overturn President Biden's day-old law forcing a sale or ban.

TikTok’s future in the US remains uncertain after President Biden was seen approving a new bill that would ban the app in the country. The only way out was to have the app separate from its Chinese parent firm ByteDance. And for that, it…

ByteDance, the Chinese parent company of TikTok, refuted claims on Thursday that it is considering selling the popular social media platform, dismissing media speculation in the wake of President Joe Biden's bill threatening a ban unless…

The US market accounted for approximately 25% of TikTok’s total revenues last year.

The US market accounted for approximately 25% of TikTok’s total revenues last year.

ByteDance, the Chinese parent company of TikTok, has denied reports of plans to sell the popular video app. This comes after the US passed a law requiring ByteDance to sell TikTok or face a ban in America. ByteDance stated on social media…

The bill gives TikTok owner Bytedance nine months' time to force a sale, with a 90-day extension.