What deadline is ByteDance working towards for a potential deal?
ByteDance Won’t Sell Tiktok’s Algorithm, SCMP Reports
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The transcript discusses ByteDance's decision not to sell TikTok's algorithm to the US, likening it to selling a car without the engine. ByteDance is in talks with Oracle and Microsoft for a potential sale, with deadlines set between September 15th and 20th. The situation is complicated by China's new regulations on technology exports, requiring ByteDance to satisfy both US and Chinese authorities.
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What complications are arising from China's recent actions regarding technology exports?
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