New Chinese rules could complicate a sale of TikTok's US business

  • 📰 CNN
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Beijing appears to have just thrown a wrench into the possibility that TikTok could be sold to an American buyer to avoid a ban on its business in the United States.

Hong Kong/Atlanta

Chinese officials on Friday revised rules that govern the sale of certain kinds of technology to foreign buyers. The updated list includes data processing, speech and text recognition, according to government notices.Why does Walmart want TikTok? Look at how teens shop in ChinaThe announcement marked the first time those rules have been revised since 2008.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm glad they did. Should not have to sell in the first place.

it is simply: America want to rob tiktok and china won't let it

I dont really care so much to have such easy access to pornography. I do enjoy the hunt..

No comments. America can advantage. It has to take decision by President

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Renaissance Capital expects fewer Chinese companies to list in the U.S. once new regulations kick inThe U.S. is preparing rules that could prevent foreign companies from listing on American exchanges and force existing ones to delist if they fail to follow standards for U.S. audits and regulations. Bad news for the US, great news for the Shanghai stock exchange. No, please, we need TONS more Chinese companies on the Nasdaq!! So?...
Source: CNBC - 🏆 12. / 72 Read more »