Facebook’s TikTok rival comes as Chinese company’s future is in limbo
August 05, 2020 at 13:59 PM EDT
In ordinary times, the prospect of Facebook diving into the shallow end of the pool would be daunting. But the social-networking behemoth is the least of worries for ByteDance, the Chinese company that owns TikTok. It not only is navigating a possible sale to Microsoft Corp. but enduring the wrath of the Trump Administration.
