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ByteDance in talks to sell its Indian TikTok assets TikTok among Chinese apps banned by India on security fears ByteDance Ltd. is said to be exploring a sale of the India operations of TikTok to rival unicorn Glance, in an attempt to resuscitate the once-thriving short video sharing app that’s been banned indefinitely in India. The discussions have been initiated by Japan’s SoftBank Group Corp. conglomerate, according to people familiar with the talks, who declined to be identified because the talks are private as well as early and complex. SoftBank is a backer of Glance’s parent InMob...

Google, Thiel Funding Helps Harvard Alum Score a Second Unicorn Bloomberg 12/22/2020 Saritha Rai (Bloomberg) -- Glance, a mobile content platform from the founder of India’s earliest unicorn, has reached a valuation of over $1 billion after completing a funding round that was led by Google, according to people with knowledge of the matter. The Alphabet Inc. unit and billionaire Peter Thiel’s Mithril Capital invested $145 million in the 18-month-old startup, whose app uses artificial intelligence to curate a personalized feed of entertainment, news, sports scores and vide...