TikTok Files Suit Escalating Patent Fight With Triller
- Complaint seeks ruling TikTok doesn’t infringe rival’s patent
- Both video-streaming companies are in take-over negotiations
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TikTok and its parent ByteDance Inc. sued rival Triller Inc., asking a U.S. judge to clear up a “cloud” over the China-based popular video-streaming app after Triller accused it of stealing technology.
ByteDance is in talks to sell parts of its TikTok unit in a deal that could be worth tens of billions of dollars after President Donald Trump moved to ban its U.S. operations over national security concerns.