China says US spin-off of TikTok will use ByteDance’s Chinese algorithm and the deal with the US includes “licensing the algorithm and other IP rights” (Financial Times)

Financial Times:
China says US spin-off of TikTok will use ByteDance's Chinese algorithm and the deal with the US includes “licensing the algorithm and other IP rights”  —  Agreement with Washington includes ‘licensing the algorithm and other intellectual property rights’, says Beijing official