China halted TikTok deal with US over tariffs
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NBC News |
ByteDance has previously said it did not plan to sell TikTok. It has largely remained silent about whether it is in talks with bidders and has not publicly confirmed it would divest at all.
The Atlantic |
As the deadline for action on the TikTok ban-or-sell issue is once again extended, who cares anymore?
USA Today |
Some political officials have seen TikTok as a national security threat for years, expressing concern that ByteDance may be sharing U.S. user data with the Chinese government.
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President Donald Trump's plans to enable a US acquisition of TikTok have been thwarted by Trump's plans to tariff the shit out of China. According to The Verge, the new global tariffs imposed on China and dozens of other nations "seemingly torpedoed" plans for candidates — mostly like Oracle — to take over the ByteDance-owned app.
China reportedly backed out of a deal to sell TikTok to U.S. investors a day after President Donald Trump announced wide-ranging global tariffs.
The White House was nearing a TikTok deal, but China halted the agreement after Trump announced wide-ranging tariffs, a source told AP.
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump's tariffs announcement this week, according to two sources familiar with the matter.
President Donald Trump announced Friday that he would be signing an executive order to keep TikTok going for another 75
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1don MSN
Trump extended TikTok's sell-by deadline for a second time. The app's Chinese owner ByteDance has 75 more days to find a US buyer to avoid a ban.
Trump said he would be willing to lower tariffs if countries offer him something "phenomenal," like China with a TikTok deal.
Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by the U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans.
President Trump said he’s going to delay enforcement of a U.S. law that requires TikTok’s parent company to sell to non-Chinese owners for another 75 days — setting a new deadline of mid-June. In a post Friday on Truth Social,