TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said.
I don't actually have any qualms with that. Power to the people!
In reality though there a planned executive order to forcing Know Your Customer rules on all US web hosts and Internet architecture, so if you're planning on hosting a fediverse server in the US, the US government will need to know your identity.