US EditionTikTok has finally agreed to a US sale
7 Articles
7 Articles
ByteDance Agrees Deal to Sell TikTok’s American Operations to U.S Investors
A blockbuster deal has finally been agreed to prevent the Chinese Communist Party-linked video streaming social media platform TikTok from being banned in the United States. The post ByteDance Agrees Deal to Sell TikTok’s American Operations to U.S Investors appeared first on Slay News.
TikTok signed an agreement to sell its operation in the United States to three North American investors – Oracle, Silver Lake and MGX – ensuring that the popular social video platform continues to operate in the country. The agreement should be concrete on 22 January, according to an internal reminder to which the Associated Press has access. The company's CEO, Shoo Zi Chew, stated in memory that ByteDance and TikTok signed binding agreements wi…
TikTok is Finally Being Sold to US to Avoid Ban - THE DESTINATION
WASHINGTON: TikTok has finalized an agreement to sell a sufficient stake in its US operations to comply with the country’s divest-or-ban law, setting the stage for the platform to continue operating in the United States. The deal, first reported by Axios, The Hollywood Reporter, and CNBC, was confirmed in a memo sent by CEO Shou Zi Chew to […] The post TikTok is Finally Being Sold to US to Avoid Ban appeared first on THE DESTINATION.
After more than five years of political pressure, veto warnings and discreet negotiations, the sale of TikTok in the United States...
The decision seeks to guarantee the legal continuity of the platform in the country, according to an internal memorandum quoted this Thursday by various means
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