Amazon, TikTok
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CBS News |
Amazon has told the White House it is interested in buying TikTok ahead of a key deadline by which its parent company, China-based ByteDance, must either sell the popular social media app or face a ba...
The New York Times |
President Trump on Friday granted TikTok another reprieve by announcing he would extend the deadline for when the popular app had to make a deal to be separated from its Chinese owner, ByteDance, or ...
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According to the White House, several potential buyers have bid on the popular social media app to ensure its continued
The Information reports that later today, Trump plans to announce a plan for “TikTok America,” a new company with 50 percent ownership by unnamed new US investors, a one-third stake for existing ByteDance investors, and a 19.9 percent share for ByteDance. It would apparently license TikTok’s algorithm from ByteDance.
1don MSN
ByteDance Ltd. confirmed it’s in discussions with the US government about plans to keep TikTok running in the US, shortly after President Donald Trump extended a deadline for the Chinese company to divest the app’s American operations.