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ByteDance

TikTok says it filed challenge to Trump's divestiture order
Technology

TikTok says it filed challenge to Trump's divestiture order

President Donald Trump in an Aug. 14 order directed ByteDance to divest the app within 90 days, which falls on Thursday. The Trump administration contends TikTok poses national security concerns as the personal data of U.S. users could be obtained by China’s government. TikTok, which has over 100 million U.S. users, denies the allegations.
Published 11 Nov, 2020 05:42pm
How a temporary US ban could destroy TikTok
Technology

How a temporary US ban could destroy TikTok

  • While ByteDance is still in talks with US investors, the White House and the Chinese government over how to structure the deal.
  • TikTok, in a court filing dated Sept. 23, provided an analysis of how even a temporary ban could affect its business.
Published 28 Sep, 2020 10:47pm
ByteDance picks Oracle as partner to try to save TikTok US
Technology

ByteDance picks Oracle as partner to try to save TikTok US

  • Treasury Secretary Mnuchin says US will review deal this week.
  • New Chinese requirement gives Beijing a say in any sale.
  • ByteDance proposes technology partnership with Oracle –sources.
  • Oracle to manage TikTok's US data, may buy stake –sources.
Published 14 Sep, 2020 08:41pm
TikTok owners will relocate to London from Beijing
Technology

TikTok owners will relocate to London from Beijing

  • ByteDance’s founders are to announce their intention to set up shop in London soon, the newspaper said, adding that the move was likely to upset U.S. President Donald Trump who has considered banning TikTok in the United States.
Published 03 Aug, 2020 11:16am
US set to unveil crackdown on China's ByteDance over TikTok
Technology

US set to unveil crackdown on China's ByteDance over TikTok

  • The move would force ByteDance to separate from TikTok, the sources said. It would represent a major blow for the Beijing-based company.
  • ByteDance and the US Treasury Department, which chairs the government panel that has been reviewing ByteDance's ownership of TikTok.
Published 31 Jul, 2020 11:58pm