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BYTEDANCE TIKTOK SALE
Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO: ReportInvestors have been asked to buy chips with a value three to seven times the worth of their planned subscription in Kunlunxin's initial p...- TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
- 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...
- Blackstone exits group for TikTok bidBlackstone has withdrawn from the consortium seeking to invest in TikTok's U.S. operations amid uncertainty and delays in the deal, which i...
- Big setback for TikTok US deal, Blackstone drops out of consortium bid orchestrated by Donald Trump, claims report. What will happen now?Blackstone’s reported exit highlights the complexities and uncertainties involved in the TikTok US deal.
- Perplexity AI proposes to merge with Tiktok, with US government getting halfUnder the proposal, ByteDance would sell TikTok US to the investors, which would give TikTok's existing investors equity in the company. Th...
- 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...
- 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...
- TikTok preparing a US copy of the app's core algorithmTikTok is developing a clone of its recommendation algorithm for its U.S. users to operate independently from its Chinese parent, ByteDance...
- 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. ...
- Tik Tok ban in US: When will the video sharing app stop working for you?The TikTok ban bill has been proposed amid concerns that ByteDance, the parent company of TikTok, could potentially grant the Chinese gover...
- 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 ...
- How ByteDance's CEO Yiming Zhang balked at selling TikTok's U.S. businessChina's opposition to a forced sale of TikTok, as well as concerns by major ByteDance backers such as Sequoia and General Atlantic over 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...
- China would rather see TikTok US close than a forced sale: SourcesByteDance has been in talks to sell TikTok's U.S. business to potential buyers including Microsoft and Oracle since U.S. President Donald T...
- Aspiring TikTok buyers pursue four options in effort to revive talksOther options being considered include asking for Chinese approval to pass TikTok's algorithm on to the acquirer of the short video app's U...
- 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...
- Trump to give TikTok's Chinese owner 45 days to reach a deal to sell to Microsoft: SourcesFollowing a discussion between Trump and Microsoft CEO Satya Nadella, the Redwood, Washington-based company said in a statement that it wou...
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