TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports
- ByteDance is valuing itself at about $300 billion after a recent buyback offer, as reported by the Wall Street Journal.
- A law signed by U.S. President Joe Biden requires ByteDance to sell TikTok by January 19 to avoid a ban.
- TikTok faces a potential ban unless ByteDance sells the app to an American owner by mid-January.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right2Center8Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 23%
C 62%
15%
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