Wednesday, 9 September 2020

TikTok, U.S. Discuss Ways to Avoid Sale

TikTok’s Chinese parent, ByteDance Ltd., is discussing with the U.S. federal government possible plans that would enable the popular video-sharing app to prevent a complete sale of its U.S. operations, according to people familiar with the matter.

Discussions around such an option have actually increased in prominence since the Chinese government took steps that make a sale to a U.S. innovation giant like Microsoft Corp. harder, individuals stated. They happen versus a fast-approaching deadline that President Trump imposed for TikTok …

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source https://jobsearchtips.net/tiktok-u-s-discuss-ways-to-avoid-sale/

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