{"id":65931,"date":"2020-09-01T08:46:17","date_gmt":"2020-09-01T08:46:17","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=294983"},"modified":"2020-09-01T08:46:17","modified_gmt":"2020-09-01T08:46:17","slug":"china-sets-up-roadblocks-to-tiktok-sale","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/09\/01\/china-sets-up-roadblocks-to-tiktok-sale\/","title":{"rendered":"China sets up roadblocks to TikTok sale"},"content":{"rendered":"

<\/p>\n

\tChina raised hurdles which could slow or halt the sale of TikTok to a US buyer, imposing export restrictions on AI technologies which require parent ByteDance to secure a licence before closing any deal, South China Morning Post (SCMP) reported.<\/p>\n

The Ministry of Commerce and Ministry of Science and Technology last week updated a list of restricted products for the first time since 2008, adding personalised information recommendation services using data analysis and AI interactive interfaces, which are widely used by TikTok.<\/p>\n

ByteDance was reportedly nearing a deal to sell TikTok\u2019s US, Canada, Australia and New Zealand operations for between $25 billion and $30 billion. Its general counsel Erich Andersen told SCMP the company is assessing the new regulations to ensure compliance.<\/p>\n

China’s Ministry of Commerce said approval for restricted exports would take up to 45 working days, which SCMP noted means any deal could get authorisation by the mid-November deadline set by the US government [1].<\/p>\n

The move by China’s government shows it intends to closely monitor how a part of a major Chinese technology company is divested in the US, as tension between the two countries continues escalate.<\/p>\n

Microsoft, Walmart [2], Oracle and Twitter have all been linked with potential moves for the social media app.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/trump-gives-tiktok-owner-90-days-to-ditch-us-assets
\n[2] https:\/\/www.mobileworldlive.com\/apps\/news-apps\/walmart-eyes-e-commerce-gains-from-tiktok-deal<\/p>\n\n

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China raised hurdles which could slow or halt the sale of TikTok to a US …<\/p>\n

The post China sets up roadblocks to TikTok sale<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":248,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"China sets up roadblocks to TikTok sale - ITTeacherITFreelance.hk","description":"China raised hurdles which could slow or halt the sale of TikTok to a US ... The post China sets up roadblocks to TikTok sale appeared first on Mobile World Liv"},"footnotes":""},"categories":[11,8,21],"tags":[4967],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/65931"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/248"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=65931"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/65931\/revisions"}],"predecessor-version":[{"id":65932,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/65931\/revisions\/65932"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=65931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=65931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=65931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}