Friday, 13 November 2020

ByteDance gets 15-day extension on US order to divest TikTok

TikTok first disclosed the extension earlier in a court filing, saying it now has until Nov. 27 to reach an agreement. Under pressure from the U.S. government, ByteDance has been in talks for a deal with Walmart Inc and Oracle Corp to shift TikTok's U.S. assets into a new entity.

from Moneycontrol https://ift.tt/3nkbj5h

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