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https://www.reuters.com/technology/bytedance-prefers-tiktok-shutdown-us-if-legal-options-fail-sources-say-2024-04-25/
ByteDance also would not agree to sell one of its most valuable assets – its "secret source" - to rivals, said the four sources, referring to the TikTok algorithm.
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My opinion on TikTok in general is that it's pretty annoying lol. I'm not a big power user or anything, I just watch videos with my girlfriend on there sometimes. I don't really care if it goes away but the conversation around sounds very Red Scare-y and generally foolish sounding, to me. I don't think it's anywhere near as important or serious as all these discussions and legislation make it out to be, just personal opinion.
My main gripe with the TikTok bill is that it's objectively bad press for Biden with one of his weakest demographics. A massive unforced error to have to take up this bill in an election year.
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