India  

TikTok's Chinese owner offers to forego stake to clinch U.S. deal, says sources

Hindu Sunday, 2 August 2020
TikTok's Chinese owner offers to forego stake to clinch U.S. deal, says sourcesByteDance's concession will test whether Mr. Trump's threat to ban TikTok is a negotiating tactic
0
shares
ShareTweetSavePostSend
 
Video Credit: Reuters Studio - Published
News video: TikTok's owner offers to forego stake - sources

TikTok's owner offers to forego stake - sources 01:21

China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. Ciara Lee reports

You Might Like


Related videos from verified sources

Trump supports deal to allow TikTok to continue to operate in U.S. [Video]

Trump supports deal to allow TikTok to continue to operate in U.S.

U.S. President Donald Trump said he will approve a deal that will allow TikTok to continue to operate in the United States after threatening to ban the Chinese-owned app in August.

Credit: Reuters Studio     Duration: 00:59Published
ByteDance plans TikTok IPO to win deal - sources [Video]

ByteDance plans TikTok IPO to win deal - sources

China's ByteDance is reportedly planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S...

Credit: Reuters Studio     Duration: 01:40Published
A TikTok Decision Is Likely Coming Today; Game Developers Hacked | Digital Trends Live 9.17.20 [Video]

A TikTok Decision Is Likely Coming Today; Game Developers Hacked | Digital Trends Live 9.17.20

On Digital Trends Live today: There's a new way to 911 with Carbyne911 and we talk to CEO Amir Elichai; Supply chains are going green and we talk to Co-founder and CEO of GoodOps Divya Demato; Sony's..

Credit: Digital TrendsPublished

Related news from verified sources

TikTok’s Chinese owner offers to forego stake to clinch US deal – sources


Indian Express


Tweets about this