U.S. and China Near Deal to Restructure TikTok
WASHINGTON — The United States and China have agreed in principle to a framework that would allow TikTok to continue operating in the U.S. under new ownership, American officials confirmed. The move, they said, would put TikTok’s U.S. business largely … Continue reading U.S. and China Near Deal to Restructure TikTok
US Congress Approves Ban on TikTok in the U.S.
Washington, D.C. – The US Congress has passed a groundbreaking law aimed at banning the Chinese social media platform TikTok in the United States. This decision marks another step in the increasing tension between the two economic powers and signals … Continue reading US Congress Approves Ban on TikTok in the U.S.
ByteDance will abide by tightened China export law
Beijing – ByteDance said it will follow China’s newly amended rules on exporting technology — and that could make any sale of TikTok’s U.S. operations more complicated. On Friday, China updated its list of technologies subject to export restrictions to include a … Continue reading ByteDance will abide by tightened China export law
China: New tech export controls could effect TikTok
BEIJING/SHANGHAI – China’s new rules around tech exports mean ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment. ByteDance has been … Continue reading China: New tech export controls could effect TikTok