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TikTok could operate as an American company, says White House official

There are reports that TikTok is going to pull out of the holding company, which is China, and operate as an independent American company, White House Economic Advisor Larry Kudlow told reporters

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The White House official, said that the servers of TikTok, after becoming an American company, will be in the US and not in China. Photo: Shutterstock

Press Trust of India

2 min read Last Updated : Jul 16 2020 | 11:42 PM IST

TikTok pulling itself out of its Chinese holding company and operating as an independent American company is a much better solution than banning, a top White House official said on Thursday.

There are reports that TikTok is going to pull out of the holding company, which is China, and operate as an independent American company, White House Economic Advisor Larry Kudlow told reporters here.

When asked whether any American company would like to buy the Chinese firm, he said, "I don't want to speculate on that."

"That's really a market question, but I'm just saying that's a much better solution than banning," he

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