August 3, 2020

TikTok parent working flat out for ‘best outcome’: report

Beijing (AFP) – The founder of Bytedance, which owns social media giant TikTok, said Monday his teams were working around-the-clock “for the best outcome,” as talks on the sale of its US operation to Microsoft continue, Chinese  media reported.TikTok, popular in the United States and widely used by young people who create, share and watch short videos on the platform — is the latest target in a wide-ranging trade war between Beijing and Washington.  The US government has said the Chinese-owned company is a national security threat — allegations that TikTok denies.”In the current environment,…


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