[richeyryan]

It seems like the move is to force ByteDance to set up a company incorporated wholly in the United States, which would then be subject to the oversight of the US government. Then, Byte Dance would lease the IP surrounding TikTok to this separate company. All the US customer data would be siloed on US servers and perused by US agencies and Byte Dance would still get their revenue from the US market. I don't know if the close association with ByteDance and China would still make that sort of arrangement a target of the US government.

[iLoveOncall]

The move is to ban TikTok.

[throwaway4good]

That seems to be the case - big win for the lobbyist of meta and Google.

[The_Colonel]

ByteDance can avoid ban by selling it. Why wouldn't they sell it?