China’s ByteDance says TikTok’s global business will become its subsidiary, even as Oracle Corp and Walmart Inc said recently that they and United States-based investors would own the majority of the video app following a deal with US President Donald Trump’s administration. Trump signed an executive order on August 14[…]
TikTok will exit the Hong Kong market within days, a spokesman told Reuters late on Monday, as other technology companies including Facebook Inc (FB.O) suspend processing government requests for user data in the region. The short form video app owned by China-based ByteDance has made the decision to exit the[…]
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