TikTok’s white knight: end to U.S. troubles?

CGTN published this video item, entitled “TikTok’s white knight: end to U.S. troubles?” – below is their description.

TikTok’s fate in the U.S. has been attracting attention from both sides of the Pacific. Oracle, the American computer technology giant, is reported to be announced as TikTok’s “trusted tech partner” in the U.S., keeping the short-video company from a U.S. ban. But the deal is not likely to be an outright sale. On Sunday, Microsoft said parent company ByteDance rejected its offer for TikTok. The Chinese tech company has yet to officially confirm the 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.

ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.

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