China's ByteDance holding company has rejected talks with Thriller over the sale of TikTok's online video service in the United States, Report informs, citing CNBC.
Earlier, the head of Thriller, Bobby Sarnevesht, said that such talks took place, and ByteDance was interested in the offer. More before, Oracle, as well as Microsoft and Walmart, jointly offered to buy TikTok.
On August 3, US President Donald Trump announced that TikTok would be shut down in the country on September 15 if a US company did not acquire it. The Head of the White House noted that these and other services could gather information about the country and pose a threat to national security. The decree signed by the President on August 7 sets a 45-day deadline for the owners of these services to terminate their contracts.
Yesterday, the Chinese government tightened the rules for the export of "artificial intelligence" technology. As the content related to these technologies is used in TikTok, this service's export will be possible only with special permission.
Meanwhile, Bloomberg reports that the Chinese government is trying to delay the sale of TikTok until the US presidential election in November.