No more extensions for ByteDance as Fridays's deadline passed with no deal for TikTok

, this past Friday a deadline given TikTok parent ByteDance by the Trump administration to divest itself of TikTok's U.S. operations expired. No deal was announced and the Trump administration, which had previously extended several previous deadlines, will not do so again. That's not to say that discussions on a deal aren't still taking place. Previously there was talk about ByteDance selling part of its American operations to a team made up of Oracle Corp., Walmart Inc. and U.S. investors Sequoia Capital, KKR & Co. and General Atlantic. A new firm called TikTok Global would be created ...

Sunday, 6 December 2020 GSM ARENA GSMArena.com