ByteDance TikTok

Donald Trump supports deal to allow TikTok to continue to operate in US

Trump offered strong support for the deal he said would create 25,000 US jobs. He said there would be a $5 billion US education fund as part of the deal. 

Sep 20, 2020, 06:25 AM IST

ByteDance to place TikTok's global headquarters in America to escape President Trump's ban

As per the plan presented to the US officials by ByteDance, TikTok will remain the majority shareholder of the new US-headquartered company, and tech firm Oracle will be a minority shareholder. 

Sep 16, 2020, 20:13 PM IST

Chinese company ByteDance set to suffer Rs 45000 crore loss due to ban on TikTok

Indian government’s decision to ban TikTok and 58 other Chinese apps will cause huge financial losses to all these companies with ByteDance – TikTok’s parent company – expected to suffer a loss of Rs 45,000 crore (USD 6 billion).

Jul 02, 2020, 13:33 PM IST