Trump says would extend TikTok deadline if no deal reached by June 19

Trump says would extend TikTok deadline if no deal reached by June 19

U.S. President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then. “I would … I’d like to see it done,” Trump told the NBC News program “Meet […]

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Blackstone mulls small stake in US TikTok spinoff

Blackstone mulls small stake in US TikTok spinoff

Private equity firm Blackstone is evaluating making a small minority investment in TikTok’s U.S. operations, according to two people familiar with the matter. Blackstone is discussing joining Chinese parent company ByteDance’s existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to bid for TikTok’s U.S. business. The group has […]

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