TikTok deal in flux while WeChat gets reprieve

CGTN published this video item, entitled “TikTok deal in flux while WeChat gets reprieve” – below is their description.

Who will control the future of TikTok in the U.S.? Conflicting reports are making a deal to acquire the Chinese-owned app seem precarious. The multi-billion dollar agreement was supposed to calm Washington’s security concerns. But TikTok’s owner ByteDance, its potential partner Oracle, and President Trump are disputing the details. Jim Spellman reports.

CGTN YouTube Channel

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

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