The company — which operates its U.S. headquarters out of Los Angeles and hired Disney veteran Kevin Mayer as its CEO this spring — said it has been working with the government for nearly a year to find solutions to the concerns, including expressing a willingness to sell its U.S. operations to an American company. “What we encountered instead was that the Administration paid no attention to facts, dictated terms of an agreement without going through standard legal processes, and tried to insert itself into negotiations between private businesses,” TikTok said. – The Hollywood Reporter