TikTok Ban: ByteDance Denies Report That It’s Considering Selling App

ByteDance said a report that it’s mulling the sale of a majority stake in TikTok‘s American business — after the U.S. adopted a law forcing it to divest its ownership position or face a ban of the app — is “untrue.” https://t.co/khhIIuGmbV

— Variety (@Variety) April 26, 2024

source

To avoid the US ban of the app chinese owner ByteDance would have to sell the app to an American business

ByteDance is prtty much saying nope and that they will be fine without the US user base

So far there have been no movements on a similiar ban in the EU or Canada