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TikTok Fires Remaining Workforce In India, Shuts Operations: Report
Following TikTok's exit from the Indian market after the centre banned the platform citing national security threats, most employees had been working for the Dubai and Brazil markets.
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TikTok Parent ByteDance’s Bank Accounts Said to Be Blocked by India for Alleged Tax Evasion
Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit its operations, two sources with direct knowledge said.
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ByteDance Explores Sale of Indian TikTok Assets to Rival Firm Glance: Report
TikTok parent company ByteDance is said to be exploring the sale of TikTok India business to rival firm Glance, according to a Bloomberg report. The talks reportedly initiated by Softbank are said to in the early stages.
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TikTok, 58 More Apps Ban by India Violates World Trade Organization Rules: China
China said that the Indian government's decision to keep a ban on 59 Chinese apps was a violation of the World Trade Organization's fair rules of business and would hurt Chinese firms.
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TikTok Parent ByteDance To Downscale India Business, 2,000 May Lose Jobs
Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.
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TikTok Parent ByteDance in Early Talks With Reliance Industries to Invest in Video App: Report
China's ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok's business in India, TechCrunch reported on Thursday, citing sources.
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Microsoft Aiming to Buy TikTok's Entire Global Business, Including India and Europe: Report
Microsoft is chasing a deal to buy all of TikTok's global business, the Financial Times reported on Thursday, citing five people with knowledge of the talks. A source familiar with the discussions told Reuters that Microsoft had not raised the prospect of buying all of TikTok in its negotiations with ByteDance.
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TikTok Corporate Structure Changes Being Evaluated by Parent ByteDance
ByteDance is looking to make changes to the corporate structure of its short video app TikTok, a company spokesperson said on Thursday.
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China Says "Artificial Blocks" To Bilateral Cooperation Will Harm India
China said today that "artificial blocks" to bilateral cooperation would harm India's interests and that the two countries should work together to uphold peace in their border region. Beijing will take necessary measures to uphold the rights of Chinese businesses in India, a spokesman for the Foreign Ministry in Beijing told a news briefing.
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China Says India's Ban on Chinese Apps May Violate WTO Rules
China said on Tuesday that India's move to ban 59 Chinese-origin mobile apps could be a breach of World Trade Organisation (WTO) rules, and urged New Delhi to create an open and fair business environment.
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TikTok Fires Remaining Workforce In India, Shuts Operations: Report
Following TikTok's exit from the Indian market after the centre banned the platform citing national security threats, most employees had been working for the Dubai and Brazil markets.
-
TikTok Parent ByteDance’s Bank Accounts Said to Be Blocked by India for Alleged Tax Evasion
Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit its operations, two sources with direct knowledge said.
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ByteDance Explores Sale of Indian TikTok Assets to Rival Firm Glance: Report
TikTok parent company ByteDance is said to be exploring the sale of TikTok India business to rival firm Glance, according to a Bloomberg report. The talks reportedly initiated by Softbank are said to in the early stages.
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TikTok, 58 More Apps Ban by India Violates World Trade Organization Rules: China
China said that the Indian government's decision to keep a ban on 59 Chinese apps was a violation of the World Trade Organization's fair rules of business and would hurt Chinese firms.
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TikTok Parent ByteDance To Downscale India Business, 2,000 May Lose Jobs
Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.
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TikTok Parent ByteDance in Early Talks With Reliance Industries to Invest in Video App: Report
China's ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok's business in India, TechCrunch reported on Thursday, citing sources.
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Microsoft Aiming to Buy TikTok's Entire Global Business, Including India and Europe: Report
Microsoft is chasing a deal to buy all of TikTok's global business, the Financial Times reported on Thursday, citing five people with knowledge of the talks. A source familiar with the discussions told Reuters that Microsoft had not raised the prospect of buying all of TikTok in its negotiations with ByteDance.
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TikTok Corporate Structure Changes Being Evaluated by Parent ByteDance
ByteDance is looking to make changes to the corporate structure of its short video app TikTok, a company spokesperson said on Thursday.
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China Says "Artificial Blocks" To Bilateral Cooperation Will Harm India
China said today that "artificial blocks" to bilateral cooperation would harm India's interests and that the two countries should work together to uphold peace in their border region. Beijing will take necessary measures to uphold the rights of Chinese businesses in India, a spokesman for the Foreign Ministry in Beijing told a news briefing.
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China Says India's Ban on Chinese Apps May Violate WTO Rules
China said on Tuesday that India's move to ban 59 Chinese-origin mobile apps could be a breach of World Trade Organisation (WTO) rules, and urged New Delhi to create an open and fair business environment.
