China’s revised tech export controls could give Beijing a say in TikTok sale

//China’s revised tech export controls could give Beijing a say in TikTok sale

China’s revised tech export controls could give Beijing a say in TikTok sale

China’s revised rules around technology exports mean ByteDance’s sale of TikTok’s US operation could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment.ByteDance has been ordered by US President Donald Trump to divest short video app TikTok – which is challenging the order via a lawsuit – in the US amid security concerns over the personal data it handles.Walmart and Microsoft Corp as well as Oracle…

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By | 2020-08-30T07:35:08+00:00 August 30th, 2020|Technology|Comments Off on China’s revised tech export controls could give Beijing a say in TikTok sale