TikTok Deal Talks Are Slowed Over New China Rules

Plans to quickly finalize a deal between the Chinese parent company of TikTok and suitors for the app’s U.S. operations have been thrown off track after China introduced new restrictions that appear designed to affect a potential sale

Plans to quickly complete a deal between the Chinese parent company of TikTok and suitors for the app’s U.S. operations have been thrown off track as the 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.

China late on Friday issued new restrictions on the export of artificial-intelligence technology that forced ByteDance Ltd., TikTok’s parent, to slow down talks with companies including Microsoft Corp., Walmart...

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