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TikTok's Chinese owner offers to forego stake to clinch US deal: Sources

Updated : August 01, 2020 08:48 PM IST

US officials have said TikTok under its Chinese parent poses a national risk because of the personal data it handles.
Trump told reporters on board Air Force One late on Friday that he would issue an order for TikTok to be banned in the United States
ByteDance was previously seeking to keep a minority stake in the US business of TikTok, which the White House had rejected.
TikTok's Chinese owner offers to forego stake to clinch US deal: Sources

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