TikTok Seeking to Separate from Parent Company in Order to Distance Itself From China

By Pasha Law PC

August 2nd, 2020

Status Update:

#Behind the Buy

#ByteDance

#privacy

#TikTok

Amid increasing scrutiny over privacy concerns due to its ties to China, TikTok is looking to separate from parent company, ByteDance, who received a proposal from several investors to transfer majority ownership. Another option is for TikTok to divest only US operations.
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