Wednesday, September 17, 2025

New US-China TikTok agreement similar to terms agreed this spring, sources say

The deal in April would have spun off TikTok's US operations into a new company based in the US and majority-owned and operated by US investors. The terms earlier this year had been approved by existing investors, new investors, ByteDance and the US government, a source said at that time.

from Tech-Economic Times https://ift.tt/8rsO72Q

No comments:

Post a Comment

French prosecutors suspect Musk encouraged deepfakes row to inflate X value

French prosecutors said Saturday they had alerted US authorities to a suspicion that tech tycoon Elon Musk had encouraged controversy over s...