Bloomberg News reported earlier on Friday, citing a person familiar with the matter, that Centricus, which is seeking to partner with Triller and ...
Bloomberg News reported earlier on Friday, citing a person familiar with the matter, that Centricus, which is seeking to partner with Triller and other investors, submitted a US$20 billion bid to ByteDance for TikTok's assets in the United States, Australia, New Zealand and India.
FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File PhotoBloomberg News reported earlier on Friday, citing a person familiar with the matter, that Centricus, which is seeking to partner with Triller and other investors, submitted a US$20 billion bid to ByteDance for TikTok's assets in the United States, Australia, New Zealand and India.
The TikTok spokesman said Centricus and Triller had not contacted the company about an offer. Centricus and Triller could not be immediately reached for comment.ByteDance has been ordered by President Donald Trump to divest TikTok in the United States, amid security concerns over the personal data it handles. Microsoft Corp and Oracle Corp are among the U.S. companies vying to acquire the assets of TikTok, which claims about 100 million monthly active users in the United States.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart joins Microsoft bid for TikTok as TikTok CEO quitsSAN FRANCISCO (REUTERS) - Walmart said it was joining Microsoft in a bid for social media company TikTok's US assets, revealing its plans hours after Chief Executive Kevin Mayer said he would step down.. Read more at straitstimes.com.
Read more »
Walmart ad revenue could quickly jump if TikTok bid succeedsWalmart Inc could turn into an online advertising leader if its plan to acquire popular short-form video app TikTok goes through, analysts said on ...
Read more »
White House adviser Kudlow says administration has no view on who purchases TikTokWhite House adviser Larry Kudlow said on Monday the Trump administration did not have a view on who purchases the social media company TikTok.
Read more »
TikTok influencers say 'everybody is going to take a big hit'In a luxury mansion in the Hollywood Hills, young TikTok influencers bounced around on a bright sunny morning this week trying out new ideas for ...
Read more »
Football: Didier Drogba 'not surprised' after Ivorian federation presidency bid rejectedABIDJAN (AFP) - Didier Drogba was not surprised by the electoral commission of the Ivory Coast Football Federation's (FIF) rejection of the former Chelsea and international striker's presidency bid, his staff said Thursday (Aug 27).. Read more at straitstimes.com.
Read more »