The plan entails spinning off a U.S. entity for TikTok and diluting Chinese ownership in the new business to below the 20% threshold required by U.S. law.

In January, Bill Ford, the CEO of General Atlantic and a ByteDance board director, hinted that there were options “short of divestiture” that could satisfy US authorities. Still, The Trump ...

NEW YORK, March 21 (Reuters) - White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and ...

Under the plan, existing backers of ByteDance including General Atlantic, Susquehanna, KKR and Coatue will seek to acquire additional stakes in a spun-off TikTok US business, according to multiple ...

The future of the popular video app is now at the center of a geopolitical tussle between Washington and Beijing.

Blackstone is discussing joining ByteDance's existing non-Chinese shareholders in contributing fresh capital to bid for ...

President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million ...

which passed a law requiring ByteDance to divest in order to ensure the Chinese Communist Party couldn’t exploit the app for its own ends. TikTok, General Atlantic, Susquehanna and Coatue did ...

Discussions regarding the future of the Chinese video platform TikTok in the United States, led by the White House, are centered around a plan for investors in TikTok's parent company, ByteDance ...

Jeff Yass' Susquehanna International Group and Bill Ford's General Atlantic, both of which are represented on ByteDance's board, are leading discussions with the White House on the plan ...

Blackstone is discussing joining Chinese parent company ByteDance's existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to ...