
ByteDance Won’t Sell Tiktok’s Algorithm, SCMP Reports
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Business, Social Studies
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University
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Practice Problem
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Hard
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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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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What deadline is ByteDance working towards for a potential deal?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What complications are arising from China's recent actions regarding technology exports?
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