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China export update could halt TikTok sale to Microsoft or Oracle – NEWS.com.au

China export update could halt TikTok sale to Microsoft or Oracle

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Time is running out for the viral video app TikTok to be sold or face being banned from the biggest market it operates in, but it has just had a spanner thrown in the works.China updated export rules on Friday, expanding them to cover sensitive technology.
The next day its state media agency published an article featuring commentary from China University of International Business and Economics Professor Cui Fan, warning ByteDance might need a licence from the Chinese government in order to sell…

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