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ByteDance Prefers Shutting Down TikTok in the US Over Selling It, Report Says

ByteDance, the parent company of TikTok, is inclined towards shutting down the popular short video app in the United States rather than selling it, should legal options to fight impending legislation fail, sources familiar with the matter revealed.

ByteDance, the parent company of TikTok, is considering shutting down the popular short video app in the United States rather than selling it, should legal options to fight impending legislation fail, according to sources familiar with the matter.

#ByteDance #TikTok #USBan #Algorithms #SocialMedia #TechIndustry #Business

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