Edition:
India

Echo Wang

Trump's bid for a piece of Microsoft-TikTok deal could spur legal action

05 Aug 2020

WASHINGTON President Donald Trump's unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDance's short-video app TikTok is based on an interpretation of U.S law that regulatory lawyers say may be open to challenges.

Exclusive: Trump gives Microsoft 45 days to clinch TikTok deal

03 Aug 2020

NEW YORK/WASHINGTON President Donald Trump only agreed to allow Microsoft Corp to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar with the matter said on Sunday. | Video

EXCLUSIVE-Trump to give TikTok's Chinese owner 45 days to agree sale -sources

03 Aug 2020

NEW YORK/WASHINGTON, Aug 2 President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp , three people familiar with the matter said on Sunday.

Exclusive: TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources

02 Aug 2020

NEW YORK/WASHINGTON China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. | Video

Trump says will ban TikTok amid pressure on Chinese owner to sell

01 Aug 2020

NEW YORK/WASHINGTON President Donald Trump said on Friday he would sign an executive order as soon as Saturday to ban TikTok in the United States, ratcheting up the pressure on the popular short-video app's Chinese owner to sell it. | Video

EXCLUSIVE-ByteDance offers to forgo stake in TikTok to clinch U.S. deal-sources

01 Aug 2020

NEW YORK, Aug 1 China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.

Exclusive: ByteDance investors value TikTok at $50 billion in takeover bid - sources

29 Jul 2020

NEW YORK/HONG KONG Some investors of TikTok's parent company ByteDance seeking to take over the popular social media app are valuing it at about $50 billion, significantly more than peers such as Snap Inc, according to people familiar with the matter.

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