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September 23, 2020 03:54 am GMT

China says it wont approve TikTok sale, calls it extortion

The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhile, Beijing’s discontent with the TikTok sale is increasingly obvious. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/t3KuSy2HI8I/

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