US had expressed concern the personal data of as many as 100 million Americans that use the app were being passed on to Chinese government.
will take a 12.5 percent stake in TikTok Global and store all its US user data in its cloud to comply with US national security requirements, the companies said on Saturday. The two companies would pay a combined $12 billion for their stakes if they agree to a $60 billion asking price, Bloomberg reported.
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China's ByteDance seeks $60 billion TikTok valuation in U.S. deal: Bloomberg NewsChina's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app's business to address U.S. security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with... 😂 for that Vine knockoff? $60 b for a CCP spyware LOL
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China's ByteDance seeks $60 billion TikTok valuation in U.S. deal: Bloomberg NewsChina's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app's business to address U.S. security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with... Do not build up a communist country that denies their citizens human rights The verdict against TikTok turned a decoupling into a marriage, a trial meeting into a victory party, a round of killings into a round of support, hijacking into a carnival, a good hand into a loser, a broken root into an investment, a divorce play into a 3P show. This is incest! $60 billion ! Then in 5 years it’s worth $500 million, if that.
Source: Reuters - 🏆 2. / 97 Read more »
ByteDance plans TikTok IPO to win U.S. deal as deadline looms: sourcesChina's ByteDance is 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. government, people familiar with the matter said on Thursday. bruh. اضراب_الطبيب_الشامل_١٩_٩
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A brewing U.S.-China tech cold war rattles the semiconductor industryAs trade tech tensions mount between the U.S. and China the U.S. semiconductor industry fears a tech cold war is brewing that could disrupt the global supply chain. China is hoping like hell their bitch Biden is elected. A China Cold War has been going on for a while, mainstream news should stop sucking the tit of Soros and actually do some journalism... hell, you could just watch some independent YouTube journalists for the information. It's China time
Source: CNBC - 🏆 12. / 72 Read more »