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Wireless

China says it must give approval before ByteDance can sell TikTok

Monday 31 August 2020 | 10:00 CET | News
China has imposed new regulations that could slow down the sale of TikTok's US operations by ByteDance, the South China Morning Post reported. US President Donald Trump invoked emergency powers earlier this month, giving China's ByteDance 90 days to sell its US operations in TikTok or to stop all of its US operations. The 90 days will end on 15 September but China has now stepped in, tightening up export rules concerning tech matters.

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Categories: Internet / Mobile & Wireless
Companies: Microsoft / Oracle / TikTok / Walmart
Countries: China / United States / World
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