ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. The Chinese company is looking at options for the social media app that could involve a change of control locally to ensure it complies with US legislation,
Core Inflation Rate YoY Final for Dec in Euro Area is 2.7%, unchanged from its last period. The forecast was 2.8%. Inflation Rate YoY Final for Dec in Euro Area is 2.4%, higher than the previous value of 2.2%. The forecast was 2.4%.
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.
TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.
The deal would involve a change of control on a local level. ByteDance currently has until April 5, 2025 to divest its stake in TikTok to a
As the U.S. government recognizes China's ByteDance's video platform TikTok as a national security threat and moves to ban its use, TikTok creators hold a press conference at the U.S. Capitol in Washington,
Donald Trump, who swore in as the 47th President of the United States, signed an executive order on Monday which delayed the law enforcing the TikTok ban by 75 days. The app was supposed to be shut down in the US on January 19.
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. Read more at The Business Times.
President Trump signed an executive order delaying the enforcement of the TikTok ban for 75 days and proposed that the U.S. should “own 50%” of the platform.
TikTok's future in the U.S. is hanging by a threadbut a deal might be just around the corner. Bill Ford, ByteDance board member and General Atlantic CEO, says negotiations could wrap up as early as this week,
ByteDance is exploring a deal to keep TikTok running in the United States without selling its operations there, according to board member Bill Ford.