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TikTok Divest-or-Ban Bill Expected to Become US Law in Days

(Bloomberg) The US House on Saturday put legislation forcing TikTok’s Chinese parent ByteDance Ltd. to divest its ownership stake on a fast track to become law, tying it to a crucial aid package for Ukraine and Israel.Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting ....

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TikTok CEO Dodges Questions on Chinese Human Rights Violations in Senate Hearing

TikTok CEO Dodges Questions on Chinese Human Rights Violations in Senate Hearing
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ByteDance's sales break $110 billion to pass Tencent in 2023

The owner of TikTok cemented its position as one of China's internet leaders ....

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ByteDance's sales break $110bn to pass Tencent in 2023

Shares in several Chinese companies that do business with ByteDance, including Beijing Yuanlong Yato Culture Dissemination, surged their daily limits of 10% on Thursday. ....

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ByteDance sales surpass Tencent's to reach US$110 billion as TikTok owner pushes into e-commerce

Sales growth for the world’s most valuable start-up rose 30 per cent this year, sources told Bloomberg, matching the pace of 2022 and making ByteDance one of China’s largest companies. ....

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