Its request to suspend full ban from Nov. 12 gets rejected A U.S. federal judge on Sunday halted a politically charged ban ordered by the Donald Trump administration on downloads of the popular video app TikTok, hours before it was set to take effect. District Judge Carl Nichols issued a Read more…
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 Read more…
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 Read more…
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 more…
“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 Read more…
ByteDance and Oracle Corp issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue to operate in the US, casting doubt on President Donald Trump’s preliminary blessing of the agreement. China’s ByteDance was racing to Read more…
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 Read more…