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  2. Financial

ByteDance prefers TikTok shutdown in US if legal options fail

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25 April 2024
Financial
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FILE PHOTO: U.S. flag and TikTok logos are seen in this illustration taken, April 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Technology

Reuters exclusively reported[1] that TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S. 

Read more https://www.reutersagency.com/en/reutersbest/article/bytedance-prefers-tiktok-shutdown-in-us-if-legal-options-fail/

  • Previous Article UAE planning second nuclear power plant
  • Next Article Google parent announces first-ever dividend; beats on sales, profit; shares soar

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