TikTok Assets Can’t Be Sold Without China’s Approval
Posted on AllSides August 30th, 2020
From The Left
ByteDance Ltd. will be required to seek Chinese government approval to sell the U.S. operations of its short-video TikTok app under new restrictions Beijing imposed on the export of artificial intelligence technologies, according to a person familiar with the matter.
AI interface technologies such as speech and text recognition, and those that analyze data to make personalized content recommendations, were added to a revised list of export-control products published on the Ministry of Commerce’s website late Friday. Government permits will be required for overseas transfers to “safeguard national economic security,”...
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