Bytedance asks TikTok to draw up contingency plans in case it needs to shut down in U.S.
Chinese parent company ByteDance has urged TikTok to draw up contingency plans should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday. ByteDance has been ordered by President Donald Trump to divest sell its US arm, amid security concerns over the … Read more