Stake sale talks value China's TikTok-rival Xiaohongshu at $20 billion, Bloomberg News reports
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ...
Users have flooded the app with satirical videos poking fun at the U.S. government's claims about data security.
The bizarre surge in popularity for Chinese social media app RedNote has sparked alarm among policy experts who warned it ...
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
Officials at TikTok said they could not be expected to comment on pure fiction when asked about rumors China was looking into ...
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations if TikTok fails to ...
Biden administration looks for ways to keep TikTok available in the U.S. President Joe Biden’s administration is considering ...
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As TikTok awaits its fate at the Supreme Court, U.S. users mob a smaller Chinese app. Rivals YouTube Shorts and Instagram ...
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