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Blackstone is discussing joining Chinese parent company ByteDance's existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital ...
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Extended TikTok Forced-Sale Deadline Draws Congressional Pushback: ‘A Clear Violation of the Law’Senator Mark Warner (D-VA) just recently voiced that pushback in an open letter to President Trump, who last week extended the cutoff for ByteDance to divest from TikTok in the U.S. Prior to this ...
He emphasized that the law passed by Congress last April, which required TikTok’s parent company ByteDance to divest from the app or face a U.S. ban, allowed a single 90-day extension.
The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S ...
The logo of TikTok is seen during the China International Textile and Garment Supply Chain Expo in Hangzhou, in eastern China's Zhejiang province on December 5, 2024. Senator Mark Warner, the top ...
TL;DR: Chinese AI companies, including ByteDance, Alibaba, and Tencent, have ordered $16 billion worth of NVIDIA's H20 AI GPUs, despite US sanctions aimed at restricting access to advanced AI chips.
"The Deal requires more work to ensure all necessary approvals are signed." TikTok's Chinese parent company, ByteDance, faced an April 5 deadline to sell its stake in the app or else be banned in ...
President Trump has extended the deadline for ByteDance to sell TikTok by 75 days. The deal fell through due to a clash over tariffs between the U.S. and China. If no sale occurs, the app could ...
ByteDance, TikTok’s Chinese owner, along with some of its U.S. investors, and officials in Washington had coalesced around a new ownership structure for the popular video app, four people ...
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