TikTok mulls changes to business to distance itself from China

A security guard stands at an office of Bytedance in Beijing, China. Executives are discussing options such as creating a new management board for TikTok and establishing a separate headquarters for the app outside of China to distance its operations from Beijing, according to sources. — Reuters

Bytedance Ltd said it’s evaluating changes to the corporate structure of its TikTok business as US concerns grow over the parent company’s Chinese origins.

Executives are discussing options such as creating a new management board for TikTok and establishing a separate headquarters for the app outside of China to distance its operations from Beijing, according to a person familiar with the discussions.