China’s TikTok is reportedly exploring its options to see if it can escape the sell-or-ban legislation that the U.S. Senate passed on Tuesday night, sending the bill to President Joe Biden’s desk for his signature.
TikTok will be doing what it can to fight the legislation that would force its China-based parent company ByteDance to sell the social media platform or else be banned in the United States, according to a report by Axios.
Shou Zi Chew, chief executive officer of TikTok Inc., speaks during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 16, 2022. The New Economy Forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News. Photographer: Bryan van der Beek/Bloomberg
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