Friday, 24 March, 2023

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

<p>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&#39;s boardroom discussions. The Bejing based firm&#39;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&rsquo;s US assets.</p>