TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...
WASHINGTON (AP) — The chairman of a House committee that pushed for the law demanding TikTok be spun off from its Chinese owners has requested an urgent briefing from the White House, one day after ...
Seeking Alpha's roundup of statements, announcements, and remarks that could impact the technology sector. Read more here.
TikTok’s future in the U.S. is on more solid ground. President Donald Trump and Chinese President Xi Jinping advanced a plan that is understood to hand control of the app’s American business to U.S.
President Donald Trump on Thursday signed an executive order that allows TikTok's U.S. operations to be moved away from the social media app's China-based owner ByteDance. The deal will see TikTok's U ...
Investment banking giant Morgan Stanley said on Wednesday it will buy private shares platform EquityZen, as Wall Street races ...
It's not as far-fetched as it sounds. With President Donald Trump's latest executive order extending TikTok's U.S. ban deadline to December 16, and a framework deal now in place between American and ...
Washington will also pause some of Trump’s so-called reciprocal tariffs on China for an additional year and is halting plans ...
The first thing to understand about the TikTok deal is that it’s not actually a deal—at least not in any official capacity yet. Trump’s executive order Thursday simply delays the Chinese social media ...
Nov 5 (Reuters) - Chinese online short-video company Kuaishou Technology filed for a Hong Kong initial public offering (IPO) on Thursday that could raise up to $5 billion. The Tencent-backed (0700.HK) ...
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