Categories
Latest News

TikTok deal runs into fresh roadblock over algorithms

Advertisement

Tiktok Microsoft Logo HeroSource: Daniel Rubino / iMore

What you need to know

  • TikTok faces yet another roadblock in its sale process.
  • There are now questions over whether TikTok's algorithm can be included as part of the deal.
  • It comes after the Chinese government made rule changes regarding selling technology to foreign buyers.

TikTok's acquisition process has hit another roadblock after questions emerged over whether the app's algorithms can be included as part of the deal.

According to The Wall Street Journal:

Deal talks for TikTok's U.S. operations have hit a snag over the question of whether the app's core algorithms can be included as part of a deal, according to people familiar with the matter.

The algorithms, which determine the videos served to users and are seen as TikTok's secret sauce, were considered part of the deal negotiations up until Friday, when the Chinese government issued new restrictions on the export of artificial-intelligence technology, according to people familiar with the matter.

The news comes after the Chinese government updated rules regarding the sale of technology to foreign buyers. The changes could mean that any deal which includes the sale of TikTok's algorithms (considered to be the app's "secret sauce) would need to be signed off by Beijing, casting doubt on whether it would approve the deal.

Verizon is offering the Pixel 4a for just $10/mo on new Unlimited lines

TikTok's parent company ByteDance has stated it will abide by the rule changes, but the report notes that the complexity involved "has reduced the chances that a deal could be completed soon."

Advertisement

Reports say ByteDance is seeking clarity from Beijing on how to proceed regarding this new development.

Reports last week suggested the deal was a mere 48 hours away, however, the recent changes have clearly derailed the acquisition process, where Microsoft is reported to be a frontrunner to buy the app.

Samsung announces the Galaxy A42 5G, Tab A7, Trio wireless charger and moreSamsung announces the Galaxy A42 5G, Tab A7, Trio wireless charger and more

Samsung announces the Galaxy A42 5G, Tab A7, Trio wireless charger and more

Samsung today unveiled its most affordable 5G-enabled smartphone yet. Called the Galaxy A42 5G, the phone features a 6.6-inch Super AMOLED display and quad rear cameras.

Advertisement

LG’s ‘Wing’ rotating dual-screen phone will be unveiled on September 14LG’s ‘Wing’ rotating dual-screen phone will be unveiled on September 14

LG’s ‘Wing’ rotating dual-screen phone will be unveiled on September 14

LG will be launching its first phone with a rotating second screen on September 14. The upcoming phone is expected to have a 6.8-inch main display, Qualcomm's Snapdragon 765 chipset, and a 64MP primary camera.

The best cheap Android phones you can buy in 2020, ranked The best cheap Android phones you can buy in 2020, ranked

The best cheap Android phones you can buy in 2020, ranked

Want to save as much money as possible when getting an Android phone? We've done the research to show you which inexpensive phone to buy.

Keep your wallet put away and pay with your Wear OS watchKeep your wallet put away and pay with your Wear OS watch

Keep your wallet put away and pay with your Wear OS watch

Ready to start paying for your coffee with just your watch? Here are all the Wear OS devices that support Google Pay!

Original Article

Advertisement

Leave a Reply

Your email address will not be published.