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Guide to OZ Jobs/Rooms listingsNews tagged 'Tiktok'
TikTok says it has not received a bid from Centricus and Triller
Aug 29, 2020
NEW YORK: Investment firm Centricus Asset Management Ltd and social media app Triller Inc have not submitted an offer for the TikTok assets that China’s ByteDance is seeking to a divest, a spokesman for the short video app said on Friday. Bloomberg News reported earlier on Friday, citing a person familiar with the matter, that Centricus, whi...
TikTok to challenge Trump’s executive order
Aug 23, 2020
TikTok said on Saturday it plans to file a lawsuit on Monday against President Donald Trump’s executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance, confirming an earlier Reuters report. Reuters exclusively reported on Friday that TikTok would challenge Trump’s executive order as ea...
Trump gets verified account on TikTok competitor Triller
Aug 16, 2020
WASHINGTON: US President Donald Trump now has a verified account on TikTok competitor Triller, another sign of the White House’s disfavor toward the ByteDance-owned video-sharing app. Triller is one of several TikTok alternatives that have experienced a surge of downloads since Trump signed an executive order on Aug. 6 that would prohibit ce...
Trump orders Chinese owner of TikTok to sell US assets
Aug 15, 2020
WASHINGTON: President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States. Trump’s executive order said there is “credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the natio...
Trump issues bans on China’s TikTok, WeChat, stoking tension with Beijing
Aug 7, 2020
WASHINGTON: US President Donald Trump on Thursday unveiled sweeping bans on US transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, operator of messenger app WeChat, in a major escalation of tensions with Beijing. The executive orders, which go into effect in 45 days, come after the Trump administration said t...
Microsoft confirms talks seeking to buy US arm of TikTok
Aug 3, 2020
NEW YORK: Microsoft confirmed Sunday it is in talks with Chinese company ByteDance to acquire the US arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition. In a statement, Microsoft said Microsoft and ByteDance have provided notice of their intent...
Microsoft in advanced talks to buy TikTok’s US business
Aug 2, 2020
NEW YORK: Microsoft is in advanced talks to buy the US operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person familiar with the discussions who spoke only on condition of anonymity because of the sensitivity to the negotiations. The potential deal would be...
TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai: sources
Jul 31, 2020
Also considers listing non-China business in Europe or US – source In talks with HKEX, China regulators for China business IPO -sources Had previously eyed global listing in US or HK -sources Plans considered amid growing US-China tensions -sources Talks as some ByteDance investors look separately to take over TikTok BEIJING/HONG KONG: Chi...
TikTok considers London and other locations for headquarters
Jul 19, 2020
TikTok has been in discussions with the UK government over the past few months to locate its headquarters in London, a source familiar with the matter said, as part of a strategy to distance itself from its Chinese ownership. London is among one of several locations the company is considering, but no decisions have been made, the source said. It wa...
TikTok distances from Beijing in response to India app ban
Jul 5, 2020
NEW DELHI: Social media app TikTok distanced itself from Beijing after India banned 59 Chinese apps in the country, according to a correspondence seen by Reuters. In a letter to the Indian government dated June 28th and seen by Reuters on Friday, TikTok Chief Executive Kevin Mayer said the Chinese government has never requested user data, nor woul...
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