TikTok’s owner applies for Chinese license to close U.S. deal

Beijing tightened control over technology exports last month in an effort to gain leverage over Washington’s attempt to force an outright sale of TikTok to U.S. owners. TikTok’s owner said Thursday it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and …

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ByteDance files for China approval to export TikTok technology

ByteDance Ltd., the Chinese parent of video app TikTok, submitted an application in Beijing for permission to export technology, as it tries to work out an agreement with the Trump administration that will avoid a US ban on the service. The company said it filed the request with the city’s …

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Beijing unlikely to approve Oracle, Walmart’s TikTok deal: Global Times

SHANGHAI : Beijing is unlikely to approve an “unfair” deal Oracle Corp and Walmart Inc said they have struck with ByteDance over the future of video-streaming app TikTok, state-backed newspaper Global Times said in an editorial. The US majors have said they will buy into a new mainly US-owned company, …

Read moreBeijing unlikely to approve Oracle, Walmart’s TikTok deal: Global Times

Beijing unlikely to approve Oracle, Walmart’s TikTok deal: Global Times

“From the information provided by the U.S., the deal was unfair. It caters to the unreasonable demands of Washington. It’s hard for us to believe that Beijing will approve such an agreement,” the editorial read. Beijing is unlikely to approve an “unfair” deal Oracle Corp and Walmart Inc said they …

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ByteDance asserts control of TikTok and contests $5 billion fee

ByteDance Ltd. emphasized it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play …

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