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fromwww.mediaite.com
3 days ago
Cryptocurrency

Trump Administration Will Reportedly Pocket $10 Billion From TikTok Deal

Trump's administration will receive approximately $10 billion from investors who took control of TikTok's U.S. operations from Chinese parent company ByteDance.
fromBusiness Matters
5 months ago
US politics

Murdoch and Dell said to join US consortium for TikTok takeover, Trump claims

Rupert and Lachlan Murdoch are reportedly set to join a U.S. consortium with Larry Ellison and Michael Dell to acquire TikTok's U.S. operations from ByteDance.
Cryptocurrency
fromwww.mediaite.com
3 days ago

Trump Administration Will Reportedly Pocket $10 Billion From TikTok Deal

Trump's administration will receive approximately $10 billion from investors who took control of TikTok's U.S. operations from Chinese parent company ByteDance.
more#tiktok-acquisition
fromTechCrunch
1 month ago

What you should know about the owners of US TikTok | TechCrunch

ByteDance, TikTok's Chinese parent company, recently established a separate American entity to run the app's U.S. operations. This restructuring aims to separate U.S. TikTok from its Chinese parent, addressing concerns about data privacy and foreign control. The move came after years of pressure from lawmakers, who feared the Chinese government's potential access to Americans' data. In 2024, Congress enacted a law, mandating that TikTok's U.S. operations be separated from ByteDance.
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Tech industry
fromBusiness Insider
5 months ago

TikTok insiders and creators worry its powerful algorithm could lose its magic after a sale

ByteDance will sell TikTok's US business and new owners must retrain its recommendation system, risking degradation of the For You feed.
US politics
fromTheWrap
6 months ago

Creatorverse: The White House Joining TikTok Means It's Safe, Right?

TikTok faces a Sept. 17 deadline to sell to U.S. investors or be banned, causing user fatigue, declining engagement, and uncertainty about future platform migration.
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