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.
Govt says digital payments also uplift under-served communities by providing them financial footprint that can be used to assess credit worthiness in absence of traditional documents.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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