TikTok and ByteDance have/had a hierarchical relationship

Notes WHAT TO WATCH FOR Apart from the U.S. government the proposed deal will also require approval from Beijing, TikTok’s Chinese parent ByteDance had said on Thursday. Last month, the Chinese government added AI technologies—including ‘‘personalized content recommendation” tools like the one used by TikTok—to its export controls list, effectively necessiating the Beijing’s approval for any deal.