The Trump administration has accused China of stealing US technology, a problem central to the damaging commerce struggle that has coloured the relationship between the two since 2018. Chinese officials have repeatedly denied such allegations and argued that any tech secrets and techniques handed over were part of deals that had been mutually agreed upon.
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Together, we work to ship the proper answer and the proper group to handle complicated, important buyer enterprise challenges. The Wall Street Journal reported Thursday, citing a source familiar with the matter, that ByteDance is considering establishing a headquarters for the video app exterior of China or a brand new management board to distance the service from the nation. A TikTok spokesperson confirmed to CNN Business that its parent company is weighing adjustments to its corporate construction. While the app is owned by Beijing-primarily based ByteDance, it has taken nice pains to distance itself from its parent company. In May, it hired former Disney govt Kevin Mayer as its CEO, and it has …