tiktok Archives - British Herald
September 20, 2020
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Fears of China curbs hit TikTok suitors’ stocks

NEW YORK (US) – Shares of Microsoft Corp, Walmart and Oracle Corp, which are gunning for TikTok, fell on Monday. This comes after China’s bid to curb some technology exports, stoking fears that Beijing might block any deal for the application’s US assets. As per the new regulations regarding technological exports, ByteDance’s sale of TikTok […]

Beijing’s approval would be required in TikTok sale

BEIJING/SHANGHAI (CHINA) – Going by China’s new rules around tech exports, ByteDance to sell TikTok’s US operations, Beijing’s approval could be needed, a Chinese trade expert told state media. ByteDance has been ordered by President Donald Trump to rid itself of short video app TikTok, citing security concerns. Microsoft Corp and Oracle Corp figure