teDance says ‘no plans’ to sell TikTok after US ban law

BEIJING, China — TikTok parent teDance has said it has no intention of selling it, after the US Congress passed a law forcing it to sell the hugely popular video platform or get banned in the United States. teDance’s comment came after the tech business-focused news site The Information reported that the Chinese tech giant was looking at potential scenarios for selling TikTok without the coveted recommendation algorithm that powers it. READ: Bill to ban TikTok in US clears Congress “Foreign media reports about teDance exploring the sale of TikTok are untrue,” the company posted late Thursday on its official […]…

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