China's TikTok is considering separating from parent ByteDance to help address US concerns about national security risks, Bloomberg News reported on Tuesday, citing people familiar with the matter. A divestiture, which could result in a sale or initial public offering, is considered a last resort and will be pursued only if the company's existing proposal with U.S. national security officials does not get approved, Bloomberg reported.
from Gadgets Now https://ift.tt/Ttpfn2M
Subscribe to:
Post Comments (Atom)
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment