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Bloomberg on MSNByteDance's US Backers Say China Growth to Counter Any TikTok Ban DamageThat could translate to a payout of $12 billion to $90 billion for ByteDance’s global institutional investors, though they ...
Will Liu, known as Liu Xiaobing in China, is taking over management of his global business solutions team. Liu, a Singapore-based staffer who reports to ByteDance China chairman Zhang Lidong ...
TikTok US spinoff on hold-sources Deal structure finalized, involved U.S. investors and ByteDance minority stake Trump extends deadline for TikTok sale by 75 days A deal to spin off the U.S ...
White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app's U ...
TikTok’s parent company ByteDance is on the hook to sell the app’s US operations by April 5, after President Donald Trump extended the deadline in January, or face a ban in the United States.
This would occur if Beijing agrees to allow ByteDance, the owner of TikTok, to divest the app to avoid a ban in the US. The comments came shortly after Trump imposed reciprocal tariffs on multiple ...
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