Any agreement that makes it look like the Trump administration forced China’s hand could hurt Xi Jinping, who has repeatedly hailed the Communist Party’s emergence as a great power.
Oracle & Walmart say American investors will control more than 50% of the new TikTok Global. But this is at odds with ByteDance’s insistence that the company will get a 80% stake.
TikTok makes money by keeping people watching, so it can serve them more ads. To that end, it tracks and collects certain types of user data to better match videos to users.
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.
The new entity has agreed to donate $5 billion to an education fund, which Trump said would satisfy his demand that the government receive a payment from the deal.
In its complaint, TikTok says Trump exceeded his authority when he moved to ban the app and did so for political reasons. It also said the move violates the company's free speech rights.
In August, Trump had signed an executive order to ban TikTok and WeChat by 15 September unless the ownership of the two Chinese companies changed to American.
The Prime Minister has never been shy about centralising authority. Surely, he should treat this problem the way that the leadership in Beijing treated China’s smog crisis over a decade ago?
Admiral Dinesh Tripathi at annual media interaction ahead of Navy Day celebrations announced that an operational demonstration is expected at Thiruvananthapuram, President Murmu to attend.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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