Friday, November 27, 12:56
Home inet TikTok: US investors are interested in acquiring it

TikTok: US investors are interested in acquiring it

Things seem to be going better for it TikTok of Bytedance, as well as a group of investors based in USA interested in buying it.

TikTok: US investors are interested in acquiring it

Η application video has been the focus of discussion since it was banned in India and has recently been controlled by the US government and seeks ways to escape the ban.

The information states that a group of investors led by General Atlantic and Sequoia Capital, discusses with other regulators to ease TikTok's connection to China, something that the company has been wanting lately. It could do so in the future as an American company, thus allaying the concerns of the US and Indian governments.

Following the acquisition, Bytedance, which currently owns the application video, will simply be a member without right with the minimum amount of participation in the international business. If we go back a bit, we will see that Bytedance acquired it musical.ly in 2017 and this marked the creation of an application that no one ever thought would be so successful.

The Chinese owner of TikTok may be trying to defend himself by saying that the application is safe, but the allegations of espionage, the mystery of storage data users and China's strict domestic laws are not positive for the company.

For this reason, investors from New York, Silicon Valley, expressed interest in a possible deal, but so far no one has gone through the proposal like the General Atlantic group.

TikTok: US investors are interested in acquiring it

Note that this news is coming to the forefront of the upcoming United States elections and the current campaign team of the President <br><br>Donald Trump bombs social media by publishing about "spy from ChinaWhile TikTok points out. In addition, the White House is already considering a lawsuit against the application and has registered it in the list of banned entities.

The initial discussions collapsed after the lifting of the immediate ban by the Indian government, which otherwise could have resulted in something useful for the company. Also, the US Committee on Foreign Investment (Cfius) has plagued TikTok and wants neither to share its technology with its rivals nor to leave the business.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

SecNewshttps://www.secnews.gr
In a world without fences and walls, who needs Gates and Windows

LIVE NEWS

Word: How to add the same text to multiple documents with one link

Microsoft Word makes it easy to add the same text to multiple documents. This is especially convenient for text with special formatting, the ...

Black Friday: Cybercriminals are monitoring your shopping

Due to the conditions that have emerged from the pandemic of COVID-19, the online shopping will be particularly high on Black Friday and ...

US fertility: Ransomware attack on the largest fertility network in the USA!

US Fertility, the largest fertility network in the US, announced that some of its systems were encrypted in an ransomware attack that ...

Phishing attack pretends to be an invitation to a Zoom meeting

A massive phishing attack has been going on since yesterday, pretending to be an invitation to a meeting at Zoom.

Yanis Varoufakis: Demands a boycott of Amazon on Black Friday

The former Minister of Finance of Greece and leader of the political party "MERA 25", Giannis Varoufakis, demands a boycott of Amazon on the day of Black ...

Personal data of patients with COVID-19 have been leaked to the internet

Personal data and health data of about 16 million Brazilian patients with COVID-19 were exposed on the Internet, as a hospital employee uploaded to GitHub ...

The American company Rand McNally was attacked by a cyber

Chicago-based technology company Rand McNally is working to restore the functionality of its network after the ...

North Korean hackers tried to intervene in vaccine trials

According to the authorities, the South Korean intelligence service prevented attempts by hackers from North Korea to stop the development tests ...

Britain: E-commerce platform leaked data

The Criminal Investigation Department (CID) in collaboration with the cybercrime prosecution of England, are conducting investigations to identify a malicious agent, ...

Russia: Will it ban social media sites that censor Russian news agencies?

Russia plans to introduce a new bill that would ban foreign social media sites in the country. This comes after ...