Social network TikTok is in talks with potential buyers about the possibility of selling its American subsidiary, amid pressure from the administration of US President Joe Biden on the Chinese social network. An American tabloid writes about it new york post with reference to sources.
“Negotiations between TikTok and potential buyers of the app are heating up. TikTok is considering its options and exploring potential deals that were previously considered when President Donald Trump threatened to ban the app in 2020.
The source didn’t specify exactly who the talks might be with, but in 2020, under the Trump administration, TikTok is likely to collaborate with software giant Oracle as well as retailer Walmart, which will take control of TikTok if a deal is reached. Its subsidiary in the USA was investigated.
Formerly The New York Times reportedJoe Biden’s administration is demanding that the Chinese company ByteDance sell its TikTok service or face complete blockade in the country. According to two newspaper sources close to the situation, sales requests were forwarded to TikTok management. The main concern of the US authorities is the risk of the personal data of US citizens being transferred in favor of a Chinese company.
Commenting on the situation with TikTok, Alexei Pushkov, Chairman of the Commission on Information Policy and Media Interaction of the Federation Council, said, declarationThat the US authorities showed an example of a “democratic approach” to social networks.