TikTok to become standalone U.S. company: FT

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ByteDance will place short-video app TikTok's global business in a new US-headquartered company with Oracle Corp investing as a minority shareholder, the Financial times reported https://www.ft.com/content/58eb7c26-2154-477f-af19-19157ae29261 on Tuesday, citing people familiar...

FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration

- ByteDance will place short-video app TikTok's global business in a new US-headquartered company with Oracle Corp investing as a minority shareholder, the Financial times reportedReporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta

 

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

Is this now a normal thing? Can US force any company to become US based? Where is WTO?

我不认为

Probably will still be controlled by China through their management. I still won’t get TikTok.

Oh great. Now the US can spy on us more and not China. Fun times.

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:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

TikTok owner ByteDance rejected Microsoft bid for app's US operations - 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. meh. asskisser Zhang did sth brave for the first time. kudos to him this time. earned my tiny bit of respect for the first damn time. oh. I forgot. if he sold it. we will do exactly the same by Trump to douyin as tiktok sold to USA.China NS severely Oracle doesn’t make it either -
Source: BusinessInsider - 🏆 729. / 51 Read more »