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Transcripts For BBCNEWS Asia 20240703

Be forced to divest its state of the company. If not it will be banned. Currently, this is what were looking at in terms of the breakdown. Bytedance holds about 20 stake in the country. 60 is owned by institutional investors. That Us Investment firms like cecil carter and the rest of the 20 is owned by employees around the world. China however says they are not going to sell their stake in this company and they are certainly are not going to hand over the Technology Behind it. Monica, we know there Technology Behind it. Monica, we know there are Technology Behind it. Monica, we know there are a Technology Behind it. Monica, l we know there are a significant number of users in the us. There is plenty ....

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Transcripts For BBCNEWS Asia 20240703

Divest its part in its company or it will be banned. So what were looking at now, this is the breakdown. We have the owners, bytedance with a 20 stake in the company. 60 is owned by Institutional Investors including Us Investment firms such as susquehanna and Sequoia Capital and 20 is owned by employees around the world. However, chinas, Secretary Has said they will oppose the sale of bytedance and seek to block a transfer of its technology. We heard from bytedance, from tiktok, rather, who said the media app ban would trample freedom of speech. Media app ban would trample freedom of speech. Thank you for getting freedom of speech. Thank you for getting us freedom of speech. Thank you for getting us across freedom of speech. Thank you for getting us across t ....

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