ByteDance

Trump Predicts Quick Approval of TikTok Deal by China if Tariffs are Lifted

2 months ago

Former President Donald Trump stated that China would swiftly approve a deal for the sale of TikTok. He claims that such a decision would be made in just 15 minutes if he were to eliminate the import tariffs imposed by his administration. Trump reminded that during his presidency, he was the one who raised concerns about security and data control associated with TikTok, which led to legal battles with the Chinese company ByteDance, the app's owner.

ByteDance Considering TikTok Shutdown in the U.S. if Legal Challenges Persist

7 months ago

Recent reports indicate that the Chinese company ByteDance is contemplating a shutdown of its popular platform TikTok in the United States, should legal avenues to resolve its issues fail. This step, according to sources, would be a last resort for the company, which has faced numerous legal hurdles and mounting pressure from U.S. authorities.

TikTok at Risk: Can the US Force ByteDance to Sell the App?

9 months ago

In recent weeks, the threat of a potential ban on the popular TikTok app in the United States has resurfaced. This situation has rekindled debates about whether the U.S. government can compel the Chinese company ByteDance to sell the app or altogether prohibit its use. The primary concern revolves around user data security and its potential implications for national security.

ByteDance Set to Secure Record $9.5 Billion Loan in Asia

9 months ago

Chinese company ByteDance, known for its TikTok app, is planning to secure an impressive $9.5 billion through a new corporate loan. This amount will mark the largest in Asia's corporate loan history, highlighting the growing financial power and ambitions of the company. ByteDance has already begun the process of raising these funds, and interest in their borrowing has significantly increased given the current economic conditions.