ByteDance Ltd.'s TikTok has shared specifics of its $1.5 billion restructuring plan for its United States-based unit with members of US Congress and civil society organizations, The Wall Street Journal reported on Monday, citing unnamed sources familiar with the matter.
By creating the TikTok US Data...
There are "no unresolved national security concerns" regarding a Chinese firm's investment in a United States-based airplane manufacturer, the Committee on Foreign Investment in the US (CFIUS) has ruled, according to The Wall Street Journal's report released on Tuesday.
A company from...
Federal Bureau of Investigation (FBI) and Committee on Foreign Investment in the United States (CFIUS) are separately investigating accusations against a Chinese firm that had invested in ICON Aircraft Inc., a private company from California, The Wall Street Journal reported on Tuesday, citing...
Head of Creator Partnerships at TikTok, Kudzi Chikumbu, told CNBC on Tuesday TikTok is a global company that abides by the US laws and whose main focus is on the "fun and joy."
Owned by Beijing-headquartered ByteDance Ltd., the short videos application was recently mentioned amid a group of...
The Committee on Foreign Investment in the United States (CFIUS) on Friday reportedly started investigating the acquisition of the US social media app Musical.ly by the TikTok owner ByteDance Technology Co., headquartered in Beijing.
According to sources, TikTok didn't ask for permission from CFIUS...
Privately held developer of video games Beijing Kunlun Tech Co. Ltd. decided to restart the initiative for the listing of its Grindr Inc. division. The operator of the social network for gay, bisexual, transsexual and queer persons filed documents with the Shenzhen Stock Exchange which revealed it plans to...
The Department of the Treasury rolled out a regulation package on Wednesday which granted the Committee on Foreign Investment in the United States the authority to review a much larger scope of deals with overseas funds. The shift, emanating from recently passed legislation, is part of...
After its hostile takeover bid was blocked by a rare move of the United States government, Broadcom Ltd. said on Wednesday that it still intends to move the official seat to Delaware and hold a special stockholder meeting on March 23. The cash and stock offer of $117 billion for rival Qualcomm...
Broadcom Ltd., which is struggling in its hostile bid for the takeover of Qualcomm Inc., said the plan for the transfer of corporate headquarters to Delaware from Singapore would be completed a month earlier than in the initial schedule. The chipmaker led by Hock Tan, pictured front with United...
A proposed $1.2 billion deal between MoneyGram International Inc. and Ant Financial Services Group, the mobile transfers affiliate of China’s Alibaba Group Holding Inc., has been terminated. The companies failed to obtain approval from the Committee on Foreign Investment in the United States...
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