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Published 4 years ago

ByteDance turns TikTok into an American company

Summary by De Standaard

The Chinese company ByteDance wants to house its social media app TikTok in a separate company based in the United States. The American software company Oracle will acquire a minority stake in the new company, writes the British business newspaper Financial Times based on insiders.

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Radio Free Asia

Trump's nail bones and ByteDance TikTok transaction 　 very close to success

US President Trump issued an executive order last month, requiring Chinese science and technology companies Bytedance to sell the US business of TikTok, a social media app for audio and video by next Sunday (20th). Trump said on Tuesday (15th) that he heard that the US technology company Oracle and ByteDance are "very close" to an agreement on the TikTok deal.

4 years ago·United States

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ByteDance turns TikTok into an American company

The Chinese company ByteDance wants to house its social media app TikTok in a separate company based in the United States. The American software company Oracle will acquire a minority stake in the new company, writes the British business newspaper Financial Times based on insiders.

Read Full Article

ByteDance turns TikTok into an American company

The Chinese company ByteDance wants to house its social media app TikTok in a separate company based in the United States. The American software company Oracle will acquire a minority stake in the new company, writes the British business newspaper Financial Times based on insiders.

Read Full Article

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