If ByteDance decides to sell, potential buyers may have to spend ... be willing to pay up to $20 billion to acquire the U.S. assets without the algorithm. Unlike a Musk bid, O'Leary's group's ...
Biden signed legislation requiring ByteDance to sell TikTok to a U.S. company by ... ByteDance a Jan. 19 deadline to divest its U.S. assets — including the sale of TikTok — or face a ban ...
which is owned by the technology giant Bytedance, which has headquarters in China. TikTok is battling a US law that demands its parent company sell the business over national security concerns.
The Chinese government prefers that the app remain in the hands of parent company ByteDance, but has reportedly discussed the potential of a Musk acquisition as part of its broader contingency ...
“The goal is for Oracle to effectively monitor and provide oversight with what is going on with TikTok,” said the person directly involved in the talks ... to force ByteDance to sell TikTok ...