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Chinese might forbid TikTok sale

by on01 September 2020

Claims US is trying to steal its tech

New export controls on technologies that Beijing deems sensitive are threatening to derail efforts by American companies to acquire TikTok's US operations from its Chinese parent company ByteDance.

According to the Wall Street Journal the regulations were unveiled on Friday and prevent "technology based on data analysis for personalised information recommendation services" -- which would likely apply to TikTok's AI content-recommendation engine -- from being exported without a license.

The Chinese state-owned Xinhua News Agency published commentary from a trade professor and government adviser suggesting that ByteDance "seriously and cautiously" consider whether to suspend TikTok negotiations after reviewing the new rules.

The state-owned English-language newspaper Global Times published a similar story quoting Chinese experts as saying the restrictions could help ByteDance "prevent its core algorithms used in video-sharing app TikTok from falling into US companies' hands."


Last modified on 01 September 2020
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