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.
Exclusives | Americas
ByteDance prefers TikTok shutdown in US if legal options fail
25 April 2024, 12:00 am
1 min read
FILE PHOTO: U.S. flag and TikTok logos are seen in this illustration taken, April 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo