(Namita Pradhan, Intern Journalist) Chinese giant of internet Bytedance in talks with the US about ways which might avoid its selling of Tiktok operations here.
The app Tiktok has been a diplomatic storm between Washington and Beijing, the US President Donald Trump has already shared a deadline for Americans to stop the business with Tiktok Chinese parent company Bytedance- compelling for a sale of the app to companies of US,
The suit has contended it as a misuse of the international emergency economic powers act as the platform is not “an unusual and an extraordinary threat”.
Trump has claimed the app as a trick of China to track the federal employee’s location, blackmail the people by building dossiers, and conducting corporate espionage.
Tiktok is used by many people for making videos through cellphones which have repeatedly denied the data sharing with Beijing.
Talks between the Bytedance and Tiktok has been held for months but have grown more immediately as the deadline by Trump was very near.
The major investors of Tiktok a part of a group that has met recently with the representatives from the Central Intelligence agency in a discussion about data security, reported by the journal.
Trump has demanded action on any sale of TikTok US operation in forcing these deals.
Bytedance has vowed in strict abide by the new export rules in China which could give a complication on the sale of the business as demanded by Trump.
The new regulations can be difficult for bytedance to sell it widely the popular video app, which feature clips of everything starting from dance routines, hair dye-tutorials, and daily life jokes and politics.