TikTok’s purchase by Oracle and Walmart halted indefinitely, after President Biden orders review of Chinese national security threat
News bytedance
ByteDance Rival Sees Shares Surge On Debut
China short form video app Kuaishou sees massive surge in value after IPO, marking biggest tech debut since Uber’s public offering in 2019
White House Appeals Judge’s TikTok Ruling
Trump administration has appealed a judge’s decision to block US attempts to place tough restrictions on ByteDance’s TikTok
Second Judge Blocks US Commerce Dept TikTok Restrictions
Good news for ByteDance, as second judge grants injunction against US Commerce Department restrictions what would have effectively banned TikTok in US
Trump Administration Grants ByteDance TikTok Sale Extension
ByteDance granted seven day extension by Trump administration of TikTok sale order to new company including Oracle and Walmart
ByteDance Challenges Trump Over TikTok Ban
‘Now Donald Trump has lost the US election, are we still going to be banned?’ TikTok owner ByteDance asks in legal challenge
US Official Threatens TikTok Closure If Oracle Deal Is Not Closed
US Treasure Secretary warns TikTok will be shut down if Oracle deal is not closed, after reports China won’t approve sale
Beijing Unlikely To Sanction Oracle TikTok Deal – Report
Chinese state media warn that despite President Trump’s approval, China is unlikely to sign off on the Oracle, Walmart deal with ByteDance
ByteDance Majority Stake Puts Oracle-TikTok Deal At Risk – Report
Plan to keep majority stake in TikTok, will hinder White House approval reports suggest, as ByteDance warns China will also need to approve deal
President Trump Warns No Extension To TikTok Sale Deadline
Sell up or shutdown. ByteDance’s 15 September deadline to sell TikTok operation will not be extended, President Trump warns
Walmart Joins Microsoft In Bid For TikTok
American owner of ASDA supermarket joins forces with Microsoft in bidding to acquire the US and overseas operations of TikTok
TikTok CEO Steps Down Amid Fight With US President
The American face of TikTok has stepped down after just two months in the job, as the firm battles Presidential executive order
TikTok Launches Legal Action Against US Executive Order
TikTok prepares to sue US government over 6 August order that banned deals with the company after 45 days, as it holds talks on selling off US operations
TikTok Owner Promises Legal Action Over US Ban
TikTok owner ByteDance challenges US executive order against it, as Trump administration targets WeChat in major trade war escalation
TikTok Selects Ireland For First European Data Centre
Ireland to get another data centre after the Chinese-owned short video app TikTok announces first European server facility
China Lashes Out At Proposed TikTok US Sale To Microsoft
Tech cold war between United States and China continues, as Chinese state media says it will not accept ‘theft’ of short video app
Microsoft Looks To Buy TikTok US Operations
Microsoft confirms it is in preliminary talks to buy TikTok’s operations in the US, as government threatens to ban the app over national security concerns