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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.
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.
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.
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.
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.
Singapore is becoming a regional base for both Western and Chinese companies because of its developed financial and legal system.
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.
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.
After closed-door discussions with TikTok and Trump, Microsoft says it will complete talks to buy the app’s operations by 15 September.
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.