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Existing ByteDance investors emerge as front-runners in TikTok deal talks

  • In 2024, President Joe Biden signed a law mandating the sale of TikTok or facing a ban.
  • TikTok went offline in January after failing to sell, thanking President Donald Trump for support.
  • The situation raises questions about TikTok's connection with the Chinese Communist Party, known for its surveillance.
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Existing ByteDance investors emerge as front-runners in TikTok deal talks

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app's U.S. operations, according to two sources familiar with the discussions.

·United Kingdom
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hudson.org broke the news in on Friday, March 21, 2025.
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