October 21, 2020

Building Your Inovation

ByteDance reportedly reaches deal to sell TikTok American operations

Illustration by Alex Castro / The Verge TikTok parent company ByteDance has reportedly agreed to...

Illustration by Alex Castro / The Verge

TikTok parent company ByteDance has reportedly agreed to sell its American operations to prevent the Trump administration from banning it in the US, according to Reuters.

It was not clear Saturday how the deal would involve Microsoft, or whether it would stave off a ban, but Reuters reported that Microsoft would be in charge of protecting US user data, and that the plan would allow another American company to take over TikTok in the US.

The administration has threatened to ban the video-sharing app for several weeks; Secretary of State Mike Pompeo said on July 7th a ban was “something we’re looking at.” President Trump said Friday “we’re banning them from the United States,” but didn’t provide specifics other than he planned to take…

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