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TikTok's owner offers to forego stake - sources

Video Credit: Reuters Studio - Duration: 01:21s - Published
TikTok's owner offers to forego stake - sources

TikTok's owner offers to forego stake - sources

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


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

ByteDance's concession will test whether Mr. Trump's threat to ban TikTok is a negotiating tactic
Hindu - Published Also reported by •Indian Express



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