Angela Lang/CNET
A Chinese official on Thursday reportedly emphasized the country’s authority to approve or block the sale of some technologies abroad, appearing to confirm that the government plans to play a critical role in any deal to sell off TikTok’s US operations.
On Aug. 28, China updated the country’s export-control rules to cover sensitive technology, possibly including algorithms that power TikTok’s recommendations and help boost viral trends. The updated regulations may require Beijing-based ByteDance, which owns TikTok, to obtain a government license before selling the technology.
Source CNET Tech
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