TikTok’s algorithm not for sale, ByteDance tells US: source

ByteDance, the Beijing-based parent company of TikTok, will not sell or transfer the algorithm behind the popular video-sharing app in any sale or divestment deal, according to a source briefed on the Chinese company’s boardroom discussions.With a looming US deadline for ByteDance to sell TikTok’s US operations, the source said: “The car can be sold, but not the engine.”“The company [ByteDance] will not hand out source code to any US buyer, but the technology team of TikTok in the US can…

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