ByteDance not to sell TikTok’s algorithm: Chinese state media

ByteDance, the owner of TikTok, will not sell or share the algorithm behind the short video-sharing app in any sale or divestment, Chinese state media reported quoting sources from the unicorn’s boardroom discussions. The Bejing based firm’s US-based technology team, however, would be free to develop a new algorithm, The South China Morning Post reported. The report went on to add that this would be a condition for a sale of the company’s US assets.

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