ByteDance may sell off TikTok stake to avoid US backlash

Chinese company ByteDance’s TikTok app is popular with young people across the globe for posting fun videos. However, recently security concerns about the app have been raised in the US, with senators requesting an assessment of its potential as a national security risk and the US Navy banning the app from government-issued phones. Now, the company’s leadership is considering how to address these concerns, according to Bloomberg.