Reuters exclusively reported 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.
Related stories
Exclusives | Americas
Read more
Almost 90% of Japanese companies see Trump as bad for business, Reuters survey shows
20 February 2025
Exclusives | Americas
Read more
Trump could pursue streamlined initial deal on Ukraine minerals, sources say
19 February 2025
Exclusives | Americas
Read more