“The deal has lost its meaning”: ByteDance will not sell TikTok in the US after Trump leaves
China's ByteDance has changed its mind about selling TikTok's US division to American companies Oracle and Walmart, the South China Morning Post writes , citing a source. According to him, with the departure of Trump from the presidency, the deal lost its meaning. “The deal was made to meet the demands of the Trump administration. But he left, and with him the meaning of this deal,” a source familiar with the situation, who asked to remain anonymous, told the South China Morning Post.