China Restricts The export of AI Technology! TikTok Algorithm Is Named, Sold Or Restricted
The United States continues to hunt TikTok.
On August 27, it was reported that the sale of TikTok’s business in North America, Australia and New Zealand by ByteDance may be concluded within the next 48 hours. The size of the transaction may be between US$20 billion and US$30 billion, and the final buyer may be Microsoft, Oracle or Walmart.
However, the catalog just adjusted by the Ministry of Commerce and the Ministry of Science and Technology of China may change the sale of TikTok.
On August 28, the Ministry of Commerce and the Ministry of Science and Technology adjusted and released the “Catalog of China’s Export Prohibited and Restricted Technologies.” (Announcement №38 of the Ministry of Commerce and the Ministry of Science and Technology of 2020, hereinafter referred to as the “Catalog”). It clearly mentions a so-called “personalized push technology based on data analysis”, which is also considered to be a provision for the TikTok sale.
Therefore, some experts believe that this move may affect whether TikTok can be sold smoothly, which is also a rare good news for TikTok.
So, what impact will this “catalog” adjustment have?
