01:11 PM EDT, 04/25/2024 (MT Newswires) -- ByteDance would rather shut down TikTok than sell it if the Chinese firm's legal options to fight legislation to ban the platform from US app stores fail, Reuters reported Thursday, citing four sources.

ByteDance declined to comment to Reuters.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)