Forwarded from BlackBox (Security) Archiv
ByteDance won't allow TikTok's algorithm to be part of a sale: Report
As the deadline for a forced sale or shutdown of the U.S. operations of the TikTok video-sharing app fast approaches, ByteDance is said to have decided its algorithm won't be part of any sale that happens.
September 15, the date by which U.S. President Donald Trump has ordered ByteDance to either sell TikTok to a U.S. company or see the service banned from the U.S. market, is looming. Today, September 13, The South China Morning Post is reporting (based on an unnamed source that the SCMP says was briefed on the Chinese company's boardroom discussions) that ByteDance has decided TikTok's algorithm won't be included as part of the sale.
So now the question is will a sale still happen by Tuesday? Will Microsoft and Walmart, Oracle -- with close ties to Trump -- and/or various TikTok investors still see enough value in TikTok to push forward with a purchase? And for how much?
Even before today's report about terms around the algorithm, there were questions whether a sale would happen at all. The Wall Street Journal reported on September 9 that ByteDance was discussing with the U.S. government various possible arrangements that would allow TikTok to avoid a full sale of its U.S. operations. And before that, the Chinese government had put in place steps designed to make a sale to a U.S. company more difficult, if not impossible.
👀 👉🏼 https://www.scmp.com/economy/china-economy/article/3101362/tiktoks-algorithm-not-sale-bytedance-tells-us-source
👀 👉🏼 https://www.zdnet.com/article/bytedance-wont-allow-tiktoks-algorithm-to-be-part-of-a-sale-report
#report #TikTok #DeleteTikTok #china #usa #sale #algorithm
📡@cRyPtHoN_INFOSEC_DE
📡@cRyPtHoN_INFOSEC_EN
📡@BlackBox_Archiv
📡@NoGoolag
As the deadline for a forced sale or shutdown of the U.S. operations of the TikTok video-sharing app fast approaches, ByteDance is said to have decided its algorithm won't be part of any sale that happens.
September 15, the date by which U.S. President Donald Trump has ordered ByteDance to either sell TikTok to a U.S. company or see the service banned from the U.S. market, is looming. Today, September 13, The South China Morning Post is reporting (based on an unnamed source that the SCMP says was briefed on the Chinese company's boardroom discussions) that ByteDance has decided TikTok's algorithm won't be included as part of the sale.
So now the question is will a sale still happen by Tuesday? Will Microsoft and Walmart, Oracle -- with close ties to Trump -- and/or various TikTok investors still see enough value in TikTok to push forward with a purchase? And for how much?
Even before today's report about terms around the algorithm, there were questions whether a sale would happen at all. The Wall Street Journal reported on September 9 that ByteDance was discussing with the U.S. government various possible arrangements that would allow TikTok to avoid a full sale of its U.S. operations. And before that, the Chinese government had put in place steps designed to make a sale to a U.S. company more difficult, if not impossible.
👀 👉🏼 https://www.scmp.com/economy/china-economy/article/3101362/tiktoks-algorithm-not-sale-bytedance-tells-us-source
👀 👉🏼 https://www.zdnet.com/article/bytedance-wont-allow-tiktoks-algorithm-to-be-part-of-a-sale-report
#report #TikTok #DeleteTikTok #china #usa #sale #algorithm
📡@cRyPtHoN_INFOSEC_DE
📡@cRyPtHoN_INFOSEC_EN
📡@BlackBox_Archiv
📡@NoGoolag
South China Morning Post
Exclusive | TikTok’s algorithm not for sale, ByteDance tells US: source
Chinese tech company decides not to sell or transfer code behind the popular video-sharing app, source says.