In response to U.S. President Joe Biden's signing of a bill mandating the divestment of TikTok from ByteDance, Reuters cited sources as reporting that TikTok said it will use all legal means to counter the move, preferring to shut it down rather than selling.
Sources divulged that the algorithms of TikTok's operation depend on the core of ByteDance's overall operation, therefore a sale is highly unlikely.
TikTok's share of total revenue and daily active users of ByteDance is so minimal that it will rather have the app shut down in the U.S. in a worst-case scenario than sell it to a potential U.S. buyer
