TikTok's parent company, ByteDance, is considering establishing a headquarters for the video app outside of China or a new management board to distance the service from the country, the Wall Street Journal reports, citing a source familiar with the matter
The short-form video app TikTok could soon see a shakeup of its corporate structure as it confronts mounting criticism from politicians in the US over ties to its Chinese parent company.
TikTok's parent company, ByteDance, is considering establishing a headquarters for the video app outside of China or a new management board to distance the service from the country, according to the Wall Street Journal, citing a source familiar with the matter.A TikTok spokesperson confirmed Thursday that its parent company is weighing changes to its corporate structure.
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