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ByteDance Offers Investors a Buyback at $268 Billion Valuation

(Bloomberg) -- ByteDance Ltd., parent of social video phenom TikTok, is offering to buy back up to $5 billion from investors, according to people familiar with the matter.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Hong KongMoody’s Cuts China...
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Source: yahoo.com

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Just for Fun: How China Uses Tik Tok to Further CCP Initiatives

Much has been said about the global phenomena surrounding TikTok in America since President Trump’s August 2020 Executive Order 13943 was issued, then put on hold, and then altogether discarded with the change of presidential administrations. With roughly 87 million users in the United States there is a large support base for this entertaining social media platform. It is amazing what privacies we will willingly give away if the request is packaged right. Here is free entertainment and a way t...
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