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China state media calls Tiktok US sale sanctioned theft
China won’t accept the US’s “theft” of TikTok and may retaliate, state media said, raising the threat of Beijing’s opposition to Microsoft Corp.’s envisioned purchase of the social media app’s American operations.
August 04, 2020
Tech
Trump insists sale of TikTok’s US operations to include substantial payment to US despite no clear authority
It would be unprecedented, based on recent history, for the US government to collect a cut of a transaction involving companies in which it doesn’t hold a stake.
August 04, 2020
Tech
Trump gives Microsoft 45 days to clinch TikTok deal
US President Donald Trump only agreed to allow Microsoft to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days.
August 03, 2020
Company in the news
China's ByteDance prepared to divest 100% of TikTok's US operations to head off Trump’s proposed ban
Trump said late Friday (July 31) he plans to ban TikTok from the U.S. following concerns about data collection by the popular app, and suggested a move could come as soon as Saturday.
August 03, 2020
Disruption and Digitalisation
Is time running out for TikTok?
What is all this fuss about US President Donald Trump banning the most popular mobile app for teenagers around the world?
July 24, 2020
Global Markets
China's TikTok suspends talks for global HQ in the UK, Times says
The new base was set to create 3,000 jobs.
July 20, 2020
Tech
Beijing-based TikTok to leave Hong Kong market "within days"
Tik Tok's exit follows the implementation of a new national security law for the semi-autonomous city.
July 07, 2020
China Focus
China punishes Tencent, ByteDance apps in renewed clampdown
China has penalized 10 of the country’s most popular livestreaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holdings Ltd. and ByteDance Ltd.
June 23, 2020
Tech
Why Facebook and Google are afraid of ByteDance
SINGAPORE (Nov 4): Late last week, Facebook founder and CEO Mark Zuckerberg went on stage at The Paley Center for Media in New York to launch a new News Tab for the giant social media platform. Instead of relying on fake news or Russian bots, Facebook wil
November 01, 2019