ByteDance is in talks with US govt about how to avoid a full sale of TikTok

With the deadline to sell TikTok’s US operations closing in, ByteDance is currently in talks with the US government about they can be allowed to retain some ownership of TikTok’s Us operations while also satisfying regulators in China and the US.

Possible workarounds, in this case, keeping all parties happy, include the handing over operational control of TikTok’s data to an American tech company while “still holding on to some ownership assets”, reported CNBC.

According to a Wall Street Journal report, ByteDance has been working with the US government to avoid a full sale and discussions have been on for months. WSJ reported that the “situation remains fluid” and that it is unclear if the Trump administration will be willing to go ahead with a solution like this.