After TikTok deal, Chinese companies search for a new global path
When Chinese internet giant ByteDance officially split TikTok into separate entities for the United States and the rest of the world Thursday, the deal marked a final capitulation for the survival of its popular social media app in the U.S. after an arduous six-year fight.
The outcome of a fractured TikTok underscores the difficult choice facing Chinese technology companies with global aspirations. In the United States, they must contend with shifting geopolitical fault lines, drawn-out legal battles and mistrust of any company with Chinese roots.
