Home Tags ByteDance

Topic: ByteDance

After curbs in India and US, TikTok runs into trouble with Australian MPs

Australia had in August ruled TikTok didn't pose serious national security concerns and opted against a ban, but a panel of lawmakers are examining possible political interference.
A smartphone displaying the TikTok logo | pexels.com

TikTok pushes back on Trump in court while angling for deal

In its court filing, ByteDance said it has made extraordinary efforts to satisfy the government’s ever-shifting demands and a ban would cause plaintiffs irreparable harm.

ByteDance retains full control of TikTok Global, contests Trump’s $5 billion fee

The world’s most valuable startup plays down speculation it’s giving up control of valuable Chinese technology and assets after striking a deal with Oracle and Walmart.
TikTok Creator's Lab | Shiho Fukada/Bloomberg

In TikTok sale, Microsoft is no loser and oracle no winner

Despite Oracle Chairman Larry Ellison’s backing for Trump, there’s no guarantee the separation of TikTok from ByteDance will be clean enough to pass White House muster. 
The TikTok app. | Photographer: Roy Liu | Bloomberg

Why Trump’s TikTok ban leaves Apple and Google stuck in the middle

Trump administration can order American companies like Google & Apple to stop carrying the app, but can't stop American teens from finding workarounds to access the website.
A smartphone displaying the TikTok logo | pexels.com

After blows in India, US, UK, TikTok owner to spend billions to expand from Singapore

Singapore is becoming a regional base for both Western and Chinese companies because of its developed financial and legal system.
A smartphone displaying the TikTok logo | pexels.com

Trump won’t extend deadline for TikTok to arrange US sale

The parties are still racing to present a preliminary deal to the White House before this month’s deadline, though no agreement could be finalized before Beijing’s sign-off.
TikTok logo

TikTok’s price is the biggest question mark in Microsoft’s already complex deal to buy it

Analysts peg TikTok's US business value anywhere from $20 billion to $50 billion, a wide range that reflects the complexity involved in separating the app’s global business.
Microsoft CEO Satya Nadella speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on 21 January 2020 | Simon Dawson | Bloomberg

Microsoft tries to salvage deal to buy TikTok as CEO Satya Nadella seeks to appease Trump

After closed-door discussions with TikTok and Trump, Microsoft says it will complete talks to buy the app’s operations by 15 September.
TikTok | Representational photo | Kon Karampelas | Unsplash

A TikTok-Microsoft deal might solve everything

An independent TikTok owned by American venture capital firms is a preferable option. By staying separate, it can hire the best engineers with tantalizing pre-IPO stock options.

On Camera

Democratic presidential nominee Joe Biden (R) and US President Donald Trump speak during the first US presidential debate in Cleveland, Ohio, on 29 September

Trump-Biden debate had no highlights, only lowlights

The first presidential debate between President Donald Trump and his democratic challenger Joe Biden must have been one of the nastiest presidential debate in US history.
File image of Department of Economic Affairs Secretary Tarun Bajaj | Photo: ANI

India will not meet its Rs 2.1 lakh crore disinvestment target in 2020-21, DEA secretary says

Govt retains its Rs 12 lakh crore borrowing limit for the full financial year, which means it can borrow Rs 4.34 lakh crore in the second half.

Defence

File image of the OFB pavilion at DefExpo 2016 | Representational image | Twitter | @SpokespersonMoD

Ordnance factories hit back at Army claims, cite export orders, accidents of other equipment

In a statement, OFB said only 19 per cent of the accidents involving defence ammunition between January 2015 and December 2019 could be attributed to the board.
Narendra Modi and Amit Shah | File photo: T. Narayan | Bloomberg

Partners dispensable in Modi-Shah construct if they do not bring additional votes

In the Modi-Shah construct, if partners do not bring additional votes, they are dispensable. However old or loyal, either they become supplicants, or die.