Highly unlikely that Beijing will allow ByteDance to sell TikTok's algorithm to foreign buyers, professor says
3:03
Highly unlikely that Beijing will allow ByteDance to sell TikTok's algorithm to foreign buyers, professor says
Angela Zhang, director of the Philip K. H. Wong Centre for Chinese Law and associate professor of law at the University of Hong Kong, says the Chinese government's stance is aligned with TikTok's position.
Microsoft NewsCNBC9 months ago
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Bytedance made $85.2 Billion in 2022😱 The guys talk about what generated that much cash for Bytedance is TikTok🔥 Is Bytedance going to crush 2023? From New York Post, “Beijing-based ByteDance’s finances showed that the company’s revenue advanced 38% in 2022, to $85.2 billion — a big increase that was nevertheless well short of the year-earlier jump of nearly 80%, according to The Journal. ByteDance’s cost of sales in 2022 was also up nearly 40% year over year, to $37.7 billion. However, the co
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