ByteDance May Prefer TikTok Spinoff Over Sale to Microsoft
Signage for ByteDance Ltd.’s TikTok app is displayed on a smartphone in New York, U.S. (Photographer: Gabby Jones/Bloomberg)

ByteDance May Prefer TikTok Spinoff Over Sale to Microsoft

(Bloomberg) -- ByteDance Ltd. would prefer to spin off video-sharing app TikTok rather than sell it to Microsoft Corp., the South China Morning Post reported on Sunday, citing a person familiar wit...
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