TikTok: China's ByteDance agrees to divest US operations after Trump threat

Found 13 days ago at Guardian

Chinas ByteDance has agreed to divest the US operations of TikTok completely in a bid to save a deal with the White House, after Donald Trump said on Friday he had decided to ban the popular short video app, two people familiar with the matter said on Saturday. ByteDance was previously seeking to keep a minority stake in the US business of TikTok, which the White House had rejected. Under the new...

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