Donald Trump's real goal is to kill off TikTok, says ByteDance CEO

He said a government probe into the company's 2017 purchase of Musical.ly, - TikTok's progenitor - was intended to spur a complete shutout

TikTok
While a forced sale of TikTok to US buyer is “unreasonable”, it is still part of a legal process and the company has no choice but to abide by the law, Zhang said
Bloomberg
1 min read Last Updated : Aug 05 2020 | 12:45 AM IST
A US investigation into ByteDance’s TikTok is really intended to smother a Chinese-owned app that’s become a sensation with Americans, founder Zhang Yiming told employees in China on Tuesday.

In his second missive to the troops in as many days, the billionaire entrepreneur said a government probe into the company’s 2017 purchase of Musical.ly, — TikTok’s progenitor — was intended to spur a complete shutout. 

Escalating US-China tensions had prompted American politicians to warn that the app posed a potential national security threat and call for an investigation into whether US user data was being shared with Beijing, accusations that ByteDance has repeatedly rejected. 

While a forced sale of TikTok to US buyer is “unreasonable”, it is still part of a legal process and the company has no choice but to abide by the law, Zhang said. “But this is not their goal, or even what they want. Their real objective is to achieve a comprehensive ban,” he wrote. 

Zhang’s comments were echoed by prominent venture capitalist Lee Kai-Fu, who wrote on Tuesday on Chinese social media he found the fracas around TikTok “unbelievable.”

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :TikTokByteDance

Next Story