South China Morning Post with the report, citing an unnamed "source briefed on the Chinese company’s boardroom discussions."
ByteDance is the Beijing-based parent company of TikTok.
- Says it will not sell or transfer the algorithm behind the video-sharing app in any sale or divestment deal
Link here for more: TikTok's algorithm not for sale
Tuesday is the deadline for the sale. The implication of ByteDance's decision is, of course, that if Trump rejects the firm's condition of the sale there would be no possibility of selling TikTok. No more TikTok for its US users after the Tuesday deadline.