Sources: ByteDance and its investors are mulling options like selling just TikTok's US business or splitting off ByteDance's international arm to save US TikTok
whatever the actual dynamic is with TikTok and China internally, lawmakers have found political utility in cracking down on TT, and selling a majority stake prob wont see them let up https://www.bloomberg.com/... Michael Schuman / @michaelschuman : This looks like a bad precedent to me. It's sort of a nationalization or appropriation of a foreign-held asset. A private deal but forced by the state on vague national security grounds. I can only imagine where that could lead. https://www.ft.com/...
What will happen to TikTok if Trump bans it? This @technology piece looks at 5 options for Bytedance: - Sell TikTok to U.S. investors - Sell TikTok's U.S. business only - Split Bytedance into U.S. and rest of world - Make Bytedance an American company https://www.bloomberg.com/..…
Let's make this simpler. #China-based @BytedanceTalk should not be allowed to own @tiktok_us. The federal government should reverse the sale https://www.cnn.com/...
Why would a TikTok spinoff be terrible for its valuation? Is it really that dependent on back-end ByteDance tech? https://www.bloomberg.com/... https://twitter.com/...
TikTok is scrambling to find ways to keep its growth/popularity in the U.S. after threats from Trump to ban the app. One idea from owner Bytedance's investors: sell a majority stake to U.S. interests. https://www.bloomberg.com/...
i feel like this is desperation without recognizing reality — whatever the actual dynamic is with TikTok and China internally, lawmakers have found political utility in cracking down on TT, and selling a majority stake prob wont see them let up https://www.bloomberg.com/...
This looks like a bad precedent to me. It's sort of a nationalization or appropriation of a foreign-held asset. A private deal but forced by the state on vague national security grounds. I can only imagine where that could lead. https://www.ft.com/...