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.ByteDance, on Monday, said it is considering relocating its headquarters, replying to rumors that the company will move its headquarters to London from Beijing.
The company did not confirm London's possible location but hinted the headquarters will not be in the United States. "We are indeed exploring the possibility of setting up TikTok headquarters outside the United States," a person in charge from ByteDance's TikTok told CGTN.
The Sun newspaper earlier reported that TikTok owner ByteDance will move Tiktok headquarters to London under a deal approved by British ministers.
The newspaper also said the move was likely to upset U.S. President Donald Trump, who has considered banning the popular video-sharing platform in the United States.
Microsoft said discussions to acquire TikTok continued as President Trump said he will give Microsoft and TikTok 45 days to secure a deal, according to a
blog
on Microsoft website.
ByteDance CEO Zhang Yiming on Monday said in an internal company letter that the decision to sell TikTok's U.S. business has not to be made, as the company insists on protecting users' data and maintain transparency.
ByteDance CEO: No final decision yet on offer to sell TikTok's U.S. business
TikTok CEO slams Facebook for dirty fight 'disguised as patriotism'
(Cover via VCG)
