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Total 13 results found. Search for [ ByteDance majority stake ]

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Reuters
September 24, 2020
The application comes about a month after China revised its list of technologies subject to export bans or restriction for the first time in 12 years, in a manner which experts said gave the government a say over any TikTok deal


Manoj Sharma
September 23, 2020
The deal-making process started with world's biggest social media platform, Facebook Inc, pumping in a record Rs 43,574 crore for 9.9 per cent stake in RIL subsidiary Jio Platforms Ltd (JPL) on April 22, making it the largest minority shareholder in RIL


Reuters
September 22, 2020
China's government has largely refrained from directly commenting on the deal's details, though its foreign ministry has repeatedly said the United States should offer a fair and non-discriminatory environment for foreign companies


BusinessToday.In
September 18, 2020
US Commerce Department stopped short of forcing Apple and Google to take down the Chinese version of TikTok and WeChat from their app stores active in China, reports suggest


Reuters
September 18, 2020
ByteDance is racing to clinch an agreement with the White House that will stave off a US ban on TikTok that President Donald Trump has threatened could happen as early as next week


Reuters
September 18, 2020
The new company, dubbed TikTok Global, will have a majority of American directors, a U.S. chief executive and a security expert on the board


Reuters
September 17, 2020
ByteDance and its founder Zhang Yiming have faced public criticism in China for seeming to give in to U.S. pressure after it was reported it was contemplating a sale of TikTok's U.S operations to Microsoft Corp


Reuters
September 17, 2020
Trump had previously threatened to ban the app unless its U.S. operations were sold to a U.S. company and the U.S. government received a share of the proceeds


Reuters
September 16, 2020
Under ByteDance's proposal, however, the Beijing-based company would keep a majority stake in TikTok's global business and create headquarters for TikTok in the United States


Manoj Sharma | Mudit Kapoor
August 28, 2020
Mukesh Ambani-led Reliance Industries and subsidiaries bought stakes in seven firms in 2018; nine in 2019; and five this year so far; four more are in the pipeline for the year 2020


BusinessToday.In
New Delhi, August 28, 2020
Walmart joins Microsoft bid for TikTok's US operationsWalmart Inc said it was joining Microsoft in a bid for social media company TikTok's U.S. assets, revealing its plans hours after the video company's chief executive said he would step down. CEO Kevin Mayer, a high-profile former Disney executive, has left three months after joining TikTok, in the middle of negotiations to sell the Chinese-owned short-form video app's U.S. operations to Microsoft Corp or Oracle Corp. TikTok owner ByteDanc...


Reuters
July 30, 2020
Beijing-based ByteDance is considering a range of options for TikTok amid pressure from the United States to relinquish control of the app, which allows users to create short videos with special effects and has become wildly popular with U.S. teenagers


Joe C Mathew
New Delhi, July 3, 2020
Investments in Indian social and other media (including those in regional languages) as well as start-ups could lead to a subtle push toward the Chinese narrative on bilateral issues and disputes with India, a shift to a more favourable depiction of China and suppression of criticism


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