According to the Wall Street Journal, people familiar with the matter said that TikTok’s parent company ByteDance is discussing possible arrangements with the US government to allow TikTok to avoid a full sale of its US business.
Since China took measures to make it more difficult for US technology giants such as Microsoft to acquire TikTok’s US business, discussions surrounding this option have become a focus. However, there are many options on the table, everything has not been finalized, TikTok may still completely sell the US business.
Even if it is not a full sale, the final result is likely to involve some form of TikTok reorganization, allowing TikTok to accept a US technology partner to help protect its data, and may acquire a small amount of TikTok shares.
The main concern of the US officials involved in the negotiations is the security of TikTok data, and they do not want China to obtain these data. U.S. President Trump has repeatedly expressed his hope that a U.S. company will acquire TikTok’s U.S. business, but it is not clear whether there are alternatives that can eliminate his concerns.
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