Divestment

After a wave of pro-Palestine protests and encampments enveloped several US colleges, students and faculty members in Mexico, Canada, France, and other countries are now urging their institutions to divest

For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning a 270-day countdown for a sale ...

The U.S. House of Representatives passed a bill on Saturday that would give TikTok's Chinese owner ByteDance about a year to divest the U.S. assets of the short-video app, or face a nationwide ban.

The US House of Representatives on Saturday passed a bill that would force TikTok to divest from its Chinese parent company ByteDance or face a nationwide ban in the United States, where it has around 170 million users.

As some of the harshest Republican critics of TikTok soften their stance on the China-backed social media app, one billionaire donor's name is ricocheting around Washington.

The US House of Representatives overwhelmingly approved a bill on Wednesday that would force Tiktok to divest from its Chinese owner or get banned from the United States.

President Droupadi Murmu has withheld assent to three university bills passed by the state legislature, including one aimed at divesting Kerala Governor Arif Mohammed Khan from the position of Chancellor of Universities, an official statement said.

Kailash Gahlot was divested of the Law and Justice portfolio in the AAP government on Friday, a day after LG V K Saxena recalled files related to judicial infrastructure and administration in the city as they remained pending with him for months,

West Bengal Chief Minister Mamata Banerjee on Thursday divested senior minister Manas Ranjan Bhunia of the Environment portfolio and took over the charge of the department, a senior official said.

Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.

TikTok is set to be banned on government phones in the UK on Thursday, according to a PA Media report. Countries around the world have increased scrutiny of TikTok over concerns that the personal data of users could end up in the control of the Chinese government. The UK government is expected to make a statement on the security of its devices on T...

TikTok's Chinese owners must divest their stakes in the wildly popular social media app or face a potential ban in the US, according to the Biden administration. US officials and legislators have raised fears that TikTok's US user data, comprising information of over 100 million users, could be passed on to China's government.

Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.

The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.

After a wave of pro-Palestine protests and encampments enveloped several US colleges, students and faculty members in Mexico, Canada, France, and other countries are now urging their institutions to divest

For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning a 270-day countdown for a sale ...

The U.S. House of Representatives passed a bill on Saturday that would give TikTok's Chinese owner ByteDance about a year to divest the U.S. assets of the short-video app, or face a nationwide ban.

The US House of Representatives on Saturday passed a bill that would force TikTok to divest from its Chinese parent company ByteDance or face a nationwide ban in the United States, where it has around 170 million users.

As some of the harshest Republican critics of TikTok soften their stance on the China-backed social media app, one billionaire donor's name is ricocheting around Washington.

The US House of Representatives overwhelmingly approved a bill on Wednesday that would force Tiktok to divest from its Chinese owner or get banned from the United States.

President Droupadi Murmu has withheld assent to three university bills passed by the state legislature, including one aimed at divesting Kerala Governor Arif Mohammed Khan from the position of Chancellor of Universities, an official statement said.

Kailash Gahlot was divested of the Law and Justice portfolio in the AAP government on Friday, a day after LG V K Saxena recalled files related to judicial infrastructure and administration in the city as they remained pending with him for months,

West Bengal Chief Minister Mamata Banerjee on Thursday divested senior minister Manas Ranjan Bhunia of the Environment portfolio and took over the charge of the department, a senior official said.

Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.

TikTok is set to be banned on government phones in the UK on Thursday, according to a PA Media report. Countries around the world have increased scrutiny of TikTok over concerns that the personal data of users could end up in the control of the Chinese government. The UK government is expected to make a statement on the security of its devices on T...

TikTok's Chinese owners must divest their stakes in the wildly popular social media app or face a potential ban in the US, according to the Biden administration. US officials and legislators have raised fears that TikTok's US user data, comprising information of over 100 million users, could be passed on to China's government.

Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.

The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.