China says it won’t approve TikTok sale, calls it ‘extortion’


Source: technewstube.com technewstube.com

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The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhile,…