US lawmakers urge commerce department to put ByteDance on export control listThe lawmakers, led by Republican representative Dan Crenshaw and Democrat Josh Gottheimer, in a letter to commerce secretary Gina Raimondo ...
09 Feb, 2024, 05.18 PM IST
US lawmakers urge Commerce to put TikTok-parent ByteDance on export control listCFIUS demanded TikTok's Chinese owners sell their shares or risk a ban, but no action has been taken. U.S. courts blocked Donald Trump's at...
09 Feb, 2024, 07.43 AM IST
How a little-known agency holds power over TikTok's futureAt the heart of this social media business and national security drama is the increasingly tense relations between the U.S. and China.
31 Mar, 2023, 08.58 PM IST
US threatens ban if Chinese owners don't sell stakes, says TikTokIt is the first time under the administration of Biden that a potential ban on TikTok has been threatened. Biden's predecessor, Republican ...
16 Mar, 2023, 04.45 PM IST
TikTok mulls splitting from ByteDance if proposal with US fails: reportA divestiture, which could result in a sale or initial public offering, is considered a last resort and will be pursued only if the company...
15 Mar, 2023, 08.31 AM IST
US to ban TikTok on government devices by February-end due to Chinese link, says reportThe federal government of the United States is banning the use of TikTok on all government devices by the end of February 2023 due to natio...
07 Feb, 2023, 01.46 AM IST
TikTok CEO to testify before US Congress in March over security concernsChew will testify before the committee on March 23, which will be his first appearance before a congressional committee, said Representativ...
30 Jan, 2023, 08.30 PM IST
TikTok steps up efforts to clinch US security dealTikTok has been seeking to assure US government departments and agencies for the last three years that the personal data of US citizens can...
22 Dec, 2022, 05.41 PM IST
U.S. House Republicans press TikTok on Chinese data sharing"Some of the information TikTok provided during the staff briefing appears to be untrue or misleading, including that TikTok does not track...
23 Nov, 2022, 06.59 AM IST
Senators seek update on US security review of TikTokThe senators want to know "will TikTok be locally managed in the United States?" and "Will the U.S. government have the ability to routinel...
25 Jun, 2022, 09.25 AM IST
TikTok nears Oracle deal in bid to allay US data concernsThe agreement would come a year and a half after a US national security panel ordered ByteDance to divest TikTok because of fears that US u...
11 Mar, 2022, 08.50 AM IST
How a marked-up term sheet and messy rollout threw TikTok deal into disarrayWhat appeared as a coup clinched by Mnuchin, a former Goldman Sachs Group Inc investment banker, did not hold. ByteDance would subsequently...
23 Sep, 2020, 10.34 PM IST
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 ...
16 Sep, 2020, 09.49 AM IST
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...
15 Sep, 2020, 11.20 AM IST
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...
24 Aug, 2020, 02.42 PM IST
TikTok owner ByteDance moves to shift power out of China: ReportByteDance has quietly made a series of moves in recent months to transfer global decision-making and research capabilities out of its home ...
29 May, 2020, 03.44 PM IST
ByteDance, the world’s most valuable startup, weighs selling TikTokA TikTok stake sale would likely push back any initial public offering for ByteDance. The company has considered an IPO in the US or Hong K...
24 Dec, 2019, 09.27 AM IST