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BYTEDANCE TIKTOK DIVESTMENT
TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources sayThe company plans to offer current employees $200.41 per share in the repurchase programme, the people said, up 5.5% from $189.90 each it o...- US senator Warner says new Donald Trump TikTok extension may violate lawDonald Trump on Friday said he extended by 75 days a deadline for ByteDance to sell U.S. assets of the popular short video app to a non-Chi...
- If TikTok Is Banned in the U.S., What Comes Next? The App May Vanish from Stores, But Will Users Still Have Access?TikTok, the popular social media app, is facing a potential ban in the United States due to national security concerns. The U.S. government...
- Judge says former ByteDance executive lied in suit against companyYintao Yu, head of engineering for ByteDance's U.S. operations from August 2017 to November 2018, filed a wrongful-dismissal suit against t...
- What happens next for TikTok after court ruling against it?A US appeals court upheld a law mandating ByteDance to divest TikTok by January 19 or face a ban, citing national security concerns. TikTok...
- TikTok, Justice Department face off in court over potential US banA three-judge panel of the U.S. Court of Appeals for the District of Columbia will hold oral arguments on a legal challenge filed by TikTok...
- US court to hear challenges to potential TikTok ban in SeptemberA U.S. appeals court sets a fast-track schedule to consider challenges to a new law requiring ByteDance to divest TikTok's U.S. assets by J...
- ByteDance prefers TikTok shutdown in US if legal options fail: reportByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. ...
- US Senate passes TikTok divestment-or-ban bill, Joe Biden set to make it lawU.S. Senate approves bill for ByteDance to divest TikTok within 9 months, addressing national security concerns. President Biden will sign ...
- House lawmaker says US ByteDance investors should urge China to allow TikTok saleRepresentative Mike Gallagher, who chairs a House panel on China, introduced legislation on Tuesday with Representative Raja Krishnamoorthi...
- Timeline: ByteDance founder who put TikTok on global map to quit as CEOZhang, 38, turned ByteDance into a social media powerhouse which has also had many brushes with global regulators
- US grants ByteDance new seven-day extension of TikTok sale orderThe administration previously had granted ByteDance a 15-day extension of the order issued in August, which was set to expire Friday. Presi...
- China's ByteDance gets Trump nod to avoid TikTok shutdown in the United StatesHe told reporters at the White House he backs the deal with TikTok owner ByteDance, Oracle and Walmart to create a new company that will as...
- ByteDance plans TikTok IPO to win US deal as deadline looms: SourcesTrump ordered ByteDance last month to divest TikTok amid U.S. concerns that the personal data of as many as 100 million Americans who use t...
- ByteDance says proposal for TikTok partnership will need both Chinese and U.S. approvalThe proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a "trusted" technology partner and making T...
- Trump says Oracle close to TikTok deal as ByteDance aims for majority ownershipPresident Donald Trump said on Tuesday he had heard Oracle Corp was very close to a deal over ByteDance's TikTok, even as sources said the ...
- ByteDance drops TikTok's US sale, to partner with Oracle: ReportByteDance had been in talks to divest TikTok's U.S. business to either Oracle or a consortium led by Microsoft Corp after U.S. President Do...
- ByteDance investors seek to use stakes to finance TikTok bid - SourcesByteDance has been in talks to divest TikTok's North America, Australia and New Zealand operations to potential acquirers, including Micros...
- Oracle enters race to buy TikTok's U.S. operations: ReportMicrosoft is particularly interested in buying TikTok in Europe and India, where it was recently banned by the Indian government after bord...
- China's ByteDance offers to forgo stake in TikTok to clinch US deal: SourcesUnder the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States, the sources sa...
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