The plan entails spinning off a U.S. entity for TikTok and diluting Chinese ownership in the new business to below the 20% threshold required by U.S. law.
General Atlantic, Susquehanna, KKR (KKR), and Coatue will seek to get hold of additional stakes in the spun-off American unit of the short video app, the Financial Times reported Friday.
New data shows how much TikTok contributes to the Mississippi economy. Thousands of businesses use it to reach their ...
President Trump also indicated last week that an extension of the deadline is still possible, stating, “We have a lot of ...
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of ...
With less than a month before a government-set deadline for TikTok to be sold or else shut down in the United States, President Donald Trump said that there are four parties interested in purchasing ...
The president says he's is working with "four different groups" on a TikTok purchase. Here's who has expressed interest in the past.
ByteDance Ltd. has asked a San Francisco federal court to impose $6.2 million in sanctions against a pair to attorneys representing a whistleblower whose legal case against the Chinese tech ...
Vice-Presidents Teresa Ribera and Henna Virkkunen have insisted that the EU's Digital Markets Act (DMA) does not target US companies and applies agnostically to digital platforms designated under ...
Trump stayed TikTok's ban hours before his inauguration and then signed an executive order that provided a 75-day window for ByteDance, TikTok's Chinese owner, to sell. Lauren Boebert Lauren Boebert ...
Join us in telling TikTok CEO Shou Zi Chew, and ByteDance executives: Don’t Sell Out! No Silencing Pro-Palestine Voices! We need platforms like TikTok to express our ideas freely, and compromising ...
The law ordered the company to divest from ByteDance or be banned. As the clock ticks down on TikTok's reprieve, which ends early April, several contenders are in the running to buy the app.
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