ByteDance has applied to the Chinese government for permission to export its technology as the company races to finalise a deal and prevent its viral video app TikTok from being blocked in the US.
The social media group said on Thursday it had applied to Beijing’s municipal commerce bureau for the licence after authorities in August revised export controls to include the algorithms that power TikTok.
The change gave Beijing more sway over any deal affecting TikTok’s US operations, making the granting of an export licence potentially crucial to any final agreement.
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