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TikTok's Owner Doubles Sales to $35 Billion Despite U.S. Ban

TikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban Bloomberg 1/27/2021 Zheping Huang © Bloomberg The button for ByteDance Ltd.s TikTok app is arranged for a photograph on a smartphone in Sydney, New South Wales, Australia, on Monday, Sept. 14, 2020. Oracle Corp. is the winning bidder for a deal with TikTok’s U.S. operations, people familiar with the talks said, after main rival Microsoft Corp. announced its offer for the video app was rejected. (Bloomberg) -- ...
United States Hong Kong New South Wales Donald Trump Zhang Yiming Joe Biden
Source: msn.com

ByteDance Foe Seeks $5.4 Billion in Biggest Tech IPO Since Uber

ByteDance Foe Seeks $5.4 Billion in Biggest Tech IPO Since Uber Bloomberg 1/25/2021 Julia Fioretti and Zheping Huang © Bloomberg Beijing Kwai Technology Co.s app Kuaishou, or Kwai, is arranged for a photograph on a smartphone in Hong Kong, China, on Tuesday, Jan. 16, 2018. Tencent-backed Chinese startup Kuaishou is seeking to raise funds at about a $17 billion valuation, people familiar with the matter said, as it expands its video-streaming service to Southeast Asia. (Bloo...
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Source: msn.com

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