Can TikTok drop its Chinese identity to avoid more bans after India?
New Delhi | Jagran News Desk: Bytedance-owned TikTok, in order to highlight its purported independence from the Chinese establishment, is reportedly considering major changes in its overall functioning – corporate and otherwise – to dodge any halting or cancellation of Operations elsewhere in the world after being banned in India.
Amid the attempts to shift its base from Beijing to London, TikTok, in a significant attempt to overhaul its functioning, recently hired Los Angeles-based former Disney executive Kevin Mayer as its Chief Executive Officer.
Why shifting base from Beijing to London has remained difficult for TikTok?
After initial reports that Bytedance was considering moving its headquarters from Beijing to London, British daily ‘The Times’ reported on Sunday that TikTok had to halt its talks with the UK. The instant-video sharing platform reportedly wanted to set up a 3,000-employee strong headquarter in London. The Times report said that British Prime Minister Boris Johnson’s decision to freeze HUAWEI from its 5G network derailed the talks.
Will Bytedance sell TikTok to a non-Chinese entity?
The US media reports have suggested that given its Chinese origins, at least three officials from Trump administration, including Secretary of State Mike Pompeo have hinted at a Tiktok ban this month, much on lines of what India did last month. A White House source was quoted as saying by Reuters that it expects TikTok to separate itself from its Chinese owner and operate as a US company.
However, Bytedance is also said to be considering selling TikTok to a non-Chinese company to avert a potential US ban. Earlier this year, a Beijing-based gay dating app Grindr had to sell its 98 per cent stake to a US-based company San Vicente Acquisition Partners after being declared a "national security risk".
Posted By: Shashikant Sharma