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TikTok Will Go Dark in US Without Chinese Approval of Sale Deal, US Commerce Secretary Says
A deal had been in the works this spring that would spin off TikTok's U.S. operations into a new U.S.-based firm, majority-owned and operated by U.S. investors. This stalled after China indicated it would not approve it following Trump's announcements of steep tariffs on Chinese goods.
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Lutnick’s comments follow his warning last week that TikTok will have to stop operating in the U.S. if China does not approve ...
TikTok will go dark in the U.S unless China agrees to a deal that giving U.S. owners majority control over the video app, ...
President Donald Trump supports TikTok but insists it must transition to U.S. ownership and technology. Commerce Secretary ...
Chinese employees at TikTok are requesting financial compensation from the company to cover additional tax burdens they’ve incurred after relocating to the United States, according to sources with ...
The bill would ban Wisconsin employees from downloading and using apps on state-owned devices that are owned by foreign ...
TikTok's revenue surged to $23 billion in 2024, according to the TikTok App Report, making it the fourth largest social app ...
Workers at the social media company ByteDance, TikTok's parent, are on a one-day strike today in Berlin to protest the replacement of staff with artificial intelligence (AI). Trade union group ver.di ...
Verdict on MSN6d
Blackstone exits consortium bid for TikTok’s US operationsP rivate equity company Blackstone has reportedly exited a consortium that was preparing to invest in the US operations of ...
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