Chinese firm recounts talks with US government that ended abruptly and says it spent $2bn to draft security agreement
New legal filings from the Chinese tech firm ByteDance have challenged the US government’s “unconstitutional singling out of TikTok”, revealing fresh details about failed negotiations over a potential ban of the platform.
Legislation signed in April by Joe Biden gives ByteDance until 19 January to either divest TikTok’s US assets or face a ban. ByteDance claims in its new filings that such divestiture is “not possible technologically, commercially, or legally” and accuses the US government of refusing to engage in any serious settlement talks after 2022.