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Top related persons:
Hope ByteDance - 1 Raja Krishnamoorthi - 1 TikTok - 1
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U.S
Top related orgs:
China - 1

Search resuls for: "Hope ByteDance"


2 mentions found


☆ Rep. Krishnamoorthi: Hope ByteDance sells TikTok so it can continue operating in the U.S.
  + stars: | 2024-04-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Krishnamoorthi: Hope ByteDance sells TikTok so it can continue operating in the U.S.House Select Committee on China Ranking Member Rep. Raja Krishnamoorthi (D-Ill.) joins 'Squawk Box' to discuss the fate of TikTok after the passage of the TikTok bill in Congress, the national security threat posed by the social media platform, and more.
Persons: Hope ByteDance, Raja Krishnamoorthi, TikTok Organizations: China Locations: U.S
☆ ByteDance pays to kick IPO can down the road
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Tingshu Wang - RC24MM9UKX2THONG KONG, Sept 19 (Reuters Breakingviews) - ByteDance is dancing to a different tune to keep stakeholders happy. TikTok's Chinese parent is spending up to $3 billion to buy back shares at a price that values the company at around $300 billion. ByteDance has laid off staff as part of a broader restructuring effort that has seen it back off from once-enticing segments like video games and online education. With growth set to slow further this year, ByteDance is paying up to keep the music playing. (By Robyn Mak)Register now for FREE unlimited access to Reuters.com RegisterFollow @Breakingviews on Twitter(The author is a Reuters Breakingviews columnist.
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