ByteDance has no plan to sell TikTok, the company's official account said in a statement posted on Toutiao, a media platform owned by the China-based firm.
The Information earlier reported that ByteDance is exploring scenarios for selling TikTok's US business without the algorithm that recommends videos to TikTok users.
US President Joe Biden on Wednesday signed into law a bill that bans TikTok in the country if its owner, ByteDance, fails to divest the popular short video app over the next nine months to a year.
Abu Dhabi Airports posts strong passenger, cargo growth
New deal with Microsoft values OpenAI at $500 billion
Apple races past $4 trillion market value
Amazon targets as many as 30,000 corporate job cuts, sources say
US flight delays near 7,000 as government shutdown hits Day 27
