Page 6 - Bytedance

Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

ByteDance asserts control of TikTok and contests $5 billion fee

ByteDance and Oracle issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue

Trump, China remarks cast a shadow on Oracle's deal for US TikTok

Treasury Secretary Steven Mnuchin remains confident that Trump will sign off on the transaction, but US national security officials continue to raise concerns

Trump clears TikTok deal 'in concept', ByteDance seeks $60 bn in valuation

TikTok to give $5 billion to fund the education of American youths; ban delayed till September 27

China's ByteDance gets Trump's in-principle nod to avoid TikTok shutdown

ByteDance was racing to avoid a crackdown on TikTok after the US Commerce Department said on Friday it would block new downloads and updates to the app come Sunday

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

ByteDance says not aware of $5 billion education fund in TikTok deal

US President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

US will delay the TikTok app store ban by a week over Oracle, Walmart deal

US Commerce Department announced a one-week delay until Sept. 27 in an order issued Friday that was set to require Apple Inc and Alphabet Inc's Google to remove the TikTok app for download

US to ban app downloads of TikTok WeChat tomorrow over security threat

ByteDance plans to launch TikTok IPO in US and accept new Treasury terms

TikTok asks Facebook to support its challenge against Donald Trump's ban

Facebook CEO Mark Zuckerberg said recently that he felt a TikTok ban would set a "bad long-term precedent" for the tech industry

ByteDance plans TikTok IPO as deal talks with US advance: Report

ByteDance is racing to clinch an agreement with the White House that will stave off a U.S. ban on TikTok that President Donald Trump has threatened could happen as early as next week

Oracle to get access to TikTok's source code to eliminate Chinese backdoors

TikTok parent ByteDance Ltd. and Oracle submitted these details in their proposal to the Trump administration with a goal of averting an outright sale of the app or a shutdown of its US operations

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

US investors, Oracle set to own majority stake in TikTok Global: Report

The U.S. Treasury submitted a revised term sheet to ByteDance late Wednesday to address national security concerns that was agreed to by the Chinese parent of TikTok

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ByteDance says China will have to approve TikTok's proposed Oracle deal

China will need to approve ByteDance's proposed deal with Oracle Corp for its TikTok app, the company has said on Thursday, indicating how its bid to stave off a ban in US could be further complicated

ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: Report

Kuaishou has hired Bank of America, China Renaissance and Morgan Stanley to work on the IPO and is looking to file for the float as soon as the end of October

ByteDance to place TikTok's global headquarters in US to escape Trump ban

China's ByteDance has decided to place the headquarters of its popular video platform app TikTok in the US in order to escape President Donald Trump's ban, official media here reported on Wednesday

Trump reviews ByteDance's plan to keep majority stake in TikTok: Report

Trump has ordered ByteDance to divest TikTok amid US concerns that user data could be passed to China's Communist Party government