_bytedance-unlikely-to-sell-tiktok-preferring-shutdown-in-the-us-to-parting-ways-with-its-key-algorithm.jpg "ByteDance Unlikely to Sell TikTok, Preferring Shutdown in the US to Parting Ways with Its Key Algorithm from its my life bon jovi Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:46
👁 View: 2M times
✓ Published: 27-Apr-2024
👁 View: 2M times
✓ Published: 27-Apr-2024
Description:
ByteDance, the Chinese parent company of TikTok, would rather shut down the app in the US than sell it. The algorithms TikTok relies on are essential to ByteDance's overall operations, making a sale of the app with algorithms highly unlikely. TikTok operates at a loss, accounting for a small portion of ByteDance's total revenues and daily active users. The parent company would prefer to shut down the app in the US in a worst-case scenario rather than sell it to a potential American buyer.
ByteDance, the Chinese parent company of TikTok, would rather shut down the app in the US than sell it. The algorithms TikTok relies on are essential to ByteDance's overall operations, making a sale of the app with algorithms highly unlikely. TikTok operates at a loss, accounting for a small portion of ByteDance's total revenues and daily active users. The parent company would prefer to shut down the app in the US in a worst-case scenario rather than sell it to a potential American buyer.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_15th-century-italian-castle-in-tuscany-seeks-its-new-overlord-124-real-estate-124forbes.webp "This 15th century castle set in the Tuscan countryside has an enduring place in the history of Florence, Italy. And now, for the price of €6 million or about $6.35 million, you could be its new overlord.<br/><br/>The Cavalcanti Castle was constructed around 1427. In the intervening centuries, the castle has undergone numerous expansions and restorations while retaining its architecture and distinctive features. Parapets line the roof of the solid stone structure—once a watchtower—which sits atop a hill covered in mature trees. More recent improvements include carefully planned night lighting and a resort-like swimming pool in the inner garden.<br/><br/>With more than 26,000 square feet of interior space, spanning three floors and a basement, Cavalcanti Castle includes lavish architectural details such as decorative groin-vaulted ceilings, archways and frescoed halls. A soaring beamed ceiling tops the massive dining room, which features a baronial fireplace and central chandelier.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/02/02/snag-the-top-of-a-towering-20th-century-palace-in-bilbao-spain/?ss=forbesglobalproperties&sh=1b207377450b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_jerieh-shares-that-she-did-not-know-that-her-late-husband-had-heart-disease-124-expecially-for-you.webp "Jerieh talks about her last moments with her late husband.<br/><br/>Stream it on demand and watch the full episode on http://iwanttfc.com or download the iWantTFC app via Google Play or the App Store. <br/><br/>Watch more It's Showtime videos, click the link below:<br/><br/>Highlights: https://www.youtube.com/playlist?list=PLPcB0_P-Zlj4WT_t4yerH6b3RSkbDlLNr<br/>Kapamilya Online Live: https://www.youtube.com/playlist?list=PLPcB0_P-Zlj4pckMcQkqVzN2aOPqU7R1_<br/><br/>Available for Free, Premium and Standard Subscribers in the Philippines. <br/><br/>Available for Premium and Standard Subcribers Outside PH.<br/><br/>Subscribe to ABS-CBN Entertainment channel! - http://bit.ly/ABS-CBNEantertainment<br/><br/>Watch the full episodes of It’s Showtime on iWantTFC:<br/>http://bit.ly/ItsShowtime-iWantTFC<br/><br/>Visit our official websites! <br/>https://entertainment.abs-cbn.com/tv/shows/itsshowtime/main<br/>http://www.push.com.ph<br/><br/>Facebook: http://www.facebook.com/ABSCBNnetwork<br/>Twitter: https://twitter.com/ABSCBN <br/>Instagram: http://instagram.com/abscbn<br/> <br/>#ABSCBNEntertainment<br/>#ItsShowtime<br/>#LightsCameraShowtime")
⏲ 5:43 👁 670K
_it39s-showtime-vice-ganda-ini-coach-ang-pag-intro-ng-isang-searchee-expecially-for-you.webp "Aired (May 1, 2024): Hindi raw kasi nagtutugma ang energy at expression ni Romeo kaya tinulungan siya ni Meme Vice! #GMANetwork<br/><br/><br/>Madlang Kapuso, join the FUNanghalian with #ItsShowtime family. Watch the latest episode of 'It's Showtime' hosted by Vice Ganda, Anne Curtis, Vhong Navarro, Karylle, Jhong Hilario, Amy Perez, Kim Chui, Jugs & Teddy, MC & Lassy, Ogie Alcasid, Darren, Jackie, Cianne, Ryan Bang, and Ion Perez.<br/><br/><br/>Monday to Saturday, 12NN on #GMA Network. #ItsShowtime #MadlangKapuso<br/><br/><br/>Watch It's Showtime full episodes here:<br/>https://www.gmanetwork.com/fullepisodes/home/its_showtime<br/><br/>")
⏲ 3:43 👁 1.6M
_abby-and-aaron-revisits-how-their-relationship-began-124-expecially-for-you.webp "Stream it on demand and watch the full episode on http://iwanttfc.com or download the iWantTFC app via Google Play or the App Store. <br/><br/>Watch more It's Showtime videos, click the link below:<br/><br/>Highlights: https://www.youtube.com/playlist?list=PLPcB0_P-Zlj4WT_t4yerH6b3RSkbDlLNr<br/>Kapamilya Online Live: https://www.youtube.com/playlist?list=PLPcB0_P-Zlj4pckMcQkqVzN2aOPqU7R1_<br/><br/>Available for Free, Premium and Standard Subscribers in the Philippines. <br/><br/>Available for Premium and Standard Subcribers Outside PH.<br/><br/>Subscribe to ABS-CBN Entertainment channel! - http://bit.ly/ABS-CBNEntertainment<br/><br/>Watch the full episodes of It’s Showtime on iWantTFC:<br/>http://bit.ly/ItsShowtime-iWantTFC<br/><br/>Visit our official websites! <br/>https://entertainment.abs-cbn.com/tv/shows/itsshowtime/main<br/>http://www.push.com.ph<br/><br/>Facebook: http://www.facebook.com/ABSCBNnetwork<br/>Twitter: https://twitter.com/ABSCBN <br/>Instagram: http://instagram.com/abscbn<br/> <br/>#ABSCBNEntertainment<br/>#ItsShowtime<br/>#InitNgGVsaShowtime")
_thr-charts-393-body-problem39-stays-on-top-amp-39the-resident39-makes-its-big-debut-124-thr-video.webp "'3 Body Problem' is still holding down the fort – with 'The Resident' making its big debut! We're looking at the top streaming series on today's THR Charts: The Breakdown for Friday, April 26th.")
⏲ 0:46 👁 26.8M
_belmond-brought-back-its-most-thrilling-trains-through-asia-here39s-what-to-expect.webp "It's a once-in-a-lifetime trip indeed.")
_walmart-reverses-course-closes-down-its-walmart-health-division.webp "Walmart Reverses Course, , Closes Down Its , Walmart Health Division.<br/>NBC reports that Walmart has announced <br/>it will close all 52 of the doctor-staffed <br/>health clinics the company operates.<br/>The announcement comes as <br/>part of the company's decision to<br/>shut down its Walmart Health Initiative.<br/>Clinics that will close down are located in <br/>Arkansas, Florida, Georgia, Illinois and Texas. .<br/>On April 30, the company also said it would <br/>begin winding down its virtual care service.<br/>The decision to end the Walmart Health Initiative <br/>will not reportedly impact Walmart <br/>pharmacies and vision centers.<br/>Walmart said that it will work to direct current patients <br/>to other providers covered by their insurance <br/>networks to ensure they continue to receive care.<br/>NBC reports that the news comes as a swift <br/>reversal of Walmart's plan to expand its number <br/>of doctor-staffed clinics to 70 by the end of 2024.<br/>Through our experience managing <br/>Walmart Health centers and <br/>Walmart Health Virtual Care, <br/>we determined there is <br/>not a sustainable business <br/>model for us to continue, Walmart statement, via NBC.<br/>Other nontraditional health care <br/>providers have also been forced to <br/>reconsider their plans in recent years. .<br/>Last month, Walgreens announced that it would <br/>close 140 of the company's primary care clinics, <br/>along with plans to shut down 20 more.")
_dont-make-it-a-hassle-to-invest-in-europe-why-has-the-eu-fallen-behind-its-competitors.webp "“None of those goals will be achievable if we don't get back into a growth mode in Europe,” says Business Europe President, Fredrik Persson")
⏲ 15:1 👁 17.2M
_15th-century-italian-castle-in-tuscany-seeks-its-new-overlord-124-real-estate-124forbes.jpg)
_jerieh-shares-that-she-did-not-know-that-her-late-husband-had-heart-disease-124-expecially-for-you.jpg)
_it39s-showtime-vice-ganda-ini-coach-ang-pag-intro-ng-isang-searchee-expecially-for-you.jpg)
_abby-and-aaron-revisits-how-their-relationship-began-124-expecially-for-you.jpg)
_thr-charts-393-body-problem39-stays-on-top-amp-39the-resident39-makes-its-big-debut-124-thr-video.jpg)
_belmond-brought-back-its-most-thrilling-trains-through-asia-here39s-what-to-expect.jpg)
_walmart-reverses-course-closes-down-its-walmart-health-division.jpg)
_dont-make-it-a-hassle-to-invest-in-europe-why-has-the-eu-fallen-behind-its-competitors.jpg)
![[+]](/images/menu.gif){kind=small}