TikTok deal talks slowed down over new Chinese rules

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Plans to quickly finalize a deal between Chinese parent company TikTok and the app’s U.S. operations contenders have been dismissed as parties huddled over the weekend to weigh new Chinese restrictions that appear designed to affect a potential sale, according to people familiar with the discussions.

On Friday evening, China issued new restrictions on the export of artificial intelligence technologies that forced ByteDance Ltd., the parent company of TikTok, to slow down talks with companies such as Microsoft Corp., Walmart …

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