On Tuesday, President Biden signed a law that would require ByteDance, a Chinese company, to sell TikTok within the next year ...
TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its ...
One scenario under discussion involves ByteDance selling more than 50% of TikTok U.S. but retaining a minority stake. ByteDance could retain 20%, the limit that the law puts on Chinese ownership…The ...
The Chinese company could retain 20%, the limit which the law places on Chinese ownership ... In 2020, when ByteDance thought of selling TikTok, China changed its export control regulations to include ...
T ikTok's Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law that ...
TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill ...