Exclusive: TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources
https://www.reuters.com/article/us-usa-tiktok-bytedance-exclusive/exclusive-tiktoks-chinese-owner-offers-to-forego-stake-to-clinch-u-s-deal-sources-idUSKBN24X3SK
China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
Exclusive: TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources
Aug 1, 2020, 3:30pm UTC
https://www.reuters.com/article/us-usa-tiktok-bytedance-exclusive/exclusive-tiktoks-chinese-owner-offers-to-forego-stake-to-clinch-u-s-deal-sources-idUSKBN24X3SK
>China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.