ByteDance is poised to miss US deadline for TikTok sale

//ByteDance is poised to miss US deadline for TikTok sale

ByteDance is poised to miss US deadline for TikTok sale

ByteDance is increasingly likely to miss a Trump administration deadline for the sale of its TikTok US operations after new Chinese regulations complicated negotiations with bidders Microsoft Corp and Oracle Corp, according to people familiar with the matter.ByteDance probably needs beyond the US executive order ban on September 20 to nail down an agreement with either party because of the regulatory review, said the people, asking not to be identified because the matter is private.In…

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By | 2020-09-10T11:30:11+00:00 September 10th, 2020|Technology|Comments Off on ByteDance is poised to miss US deadline for TikTok sale