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.
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.
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.
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.
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.
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’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 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.
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.
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.
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
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.
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.