TikTok's Chinese owner offers to forego stake to clinch U.S. deal, says sources

Credit: Hindu- Published on August 2, 2020
ByteDance's concession will test whether Mr. Trump's threat to ban TikTok is a negotiating tactic

Video credit: Reuters Studio
Published on August 2, 2020 -  01:21
TikTok's owner offers to forego stake - sources
China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. Ciara Lee reports

You are here


Related videos from verified sources

Microsoft faces tech challenges in TikTok move 01:34
Credit: Reuters Studio - Published on August 10, 2020 


WH Staffers Struggle To Justify Trump's Demand For 'Key Money' In TikTok Deal 00:49
Credit: Wochit - Published on August 4, 2020 


You might like