Susquehanna's stake may be worth as much as $15 billion, according to PitchBook data cited by the Journal. This reportedly makes Susquehanna the biggest external investor in the Chinese social-media company. The firm is a giant in options trading, and is based just outside Philadelphia.
PitchBook's data also reportedly indicated Susquehanna joined a $5 million investing round in ByteDance in 2012, the year the Chinese firm was founded. It separately invested in Musical.ly, the short-form video app that was690 million monthly active users across the worldHowever, the app's fate hangs in the balance as the Trump administration attempts to force a sale or divestment of its US business to an American owner.
On September 14, Oracle confirmed it had struck a deal with ByteDance to be its "trusted technology provider" in the US, allowing TikTok to stay in the US. President Donald Trump initially gave his "blessing", but then told Fox News on September 28 that he wouldn't support the deal unless Oracle and Walmart had "total control" over the video-sharing app.The companies have until November 12 to finalize a deal, or else TikTok faces a ban in the US.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
TikTok employees describe life inside the company as its future hangs in the balance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'On Sunday, September 27, the US courts issued an injunction preventing the implementation of the Executive Order'
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
TikTok employees describe life inside the company as its future hangs in the balance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'On Sunday, September 27, the US courts issued an injunction preventing the implementation of the Executive Order'
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Donald Trump's golf courses: Photos of his 15 courses around the world - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Seize negative assets and redistribute. You clearly don’t understand how golf course investments work
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
White House counselor Hope Hicks has reportedly tested positive for coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Many people are saying she and the president are thisclose. Superspreader....
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Data-security firm Imperva acquires Boston startup jSonar - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »