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TikTok China parent firm says no plans to sell app

TikTok's Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America.
 
Earlier this week, TikTok said it would challenge the "unconstitutional" law in court.
 
The statement from ByteDance came in response to an article by the technology industry website The Information that said it was exploring the potential sale of TikTok's operation in the US without the algorithm that powers it.


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