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.
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.
ByteDance’s venture investors have urged Zhang to sell a majority stake in TikTok. The idea is that TikTok could become a US company, while ByteDance retains a minority stake.
US President Donald Trump has floated a ban on TikTok as retaliation against China over its handling of Covid and the crackdowns on Hong Kong and Uighur Muslims.
According to researchers, TikTok starts collecting data the minute you download the app, tracks websites you browse and how you type, down to keystroke rhythms & patterns.
Executives are discussing options such as creating a new management board for TikTok and establishing a separate headquarters for the app outside of China.
China said the services must rectify vulgar and other problematic content and that it’s blacklisted selected live-streaming hosts, but did not elaborate.
Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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