By Jennifer Faull

Chinese social media company ByteDance has denied reports that it has considered selling part or all of its popular short form video platform TikTok.

Bloomberg reported yesterday (23 December) that ByteDance was weighing options of a sale due to concerns from the US government over how it stores and uses personal data.

ByteDance has taken steps to separate its TikTok business from the rest of its Chinese operations in a bid to reassure the authorities.

However, its president Alex Zhu said these steps do not include a sale.

“From time to time you may read stories in the media that Read full story ›

Source: The Drum