Julie Clover
The popular social network Tiktok is still working in the United States in accordance with the prohibition that was suspended by US President Donald Trump, but it is quite possible that the transaction for the sale of the company is closer to completion. />
Trump this week said that he identified the buyer to buy Tiktok from ByteDance, and, according to Bloomberg, the choice of Trump is the consortium of investors, which includes Oracle, Blackstone and Andreessen Horowitz. The consortium was previously the best choice for the purchase of Tiktok back in April, but negotiations stalled from the tension of trade. “By the way, we have a buyer for Tiktok,” Trump said. “I think I will need the approval of China, and I think that President XI will probably do this.” The representative of the Ministry of Foreign Affairs of China Mao Nin said on Monday that China “confirmed its fundamental position”, and there was nothing to add, assuming that China plans to continue to confront the Tiktoka agreement. In accordance with the conditions of the law, applications stores must stop distributing the Tiktok application or encounter consequences, but Trump has already suspended the use of the mandate three times. Existing investors in the United States will continue to own 30 percent of Tiktok operations in the United States, and Baitedance will still have a little less than 20 percent. All forum participants and visitors can read and monitor the topic, but the publication is limited by the forum participants at least 100 messages.
Tag: Tiktok [69 comments]
