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ByteDance Has No Plans to Sell TikTok

ByteDance said it does not have any plan to sell TikTok, according to a statement on the Chinese-language social media platform the company owns. Under a new law, ByteDance has to sell the app within 270 days. Michael Shepard reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of…

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ByteDance said it does not have any plan to sell TikTok, according to a statement on the Chinese-language social media platform the company owns. Under a new law, ByteDance has to sell the app within 270 days. Michael Shepard reports.
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8 Comments

8 Comments

  1. @blackmesacake5361

    April 25, 2024 at 12:21 pm

    If they cant prove it, they cant keep it

  2. @TPHGroup

    April 25, 2024 at 1:39 pm

    Its bigger than content creation

  3. @CryptoNewsNetwork_

    April 25, 2024 at 2:26 pm

    Its probably bigger than content creation

  4. @jwkm6918

    April 25, 2024 at 2:35 pm

    They should call the bluff, keep it and let the chips fall where they may.

  5. @KimC2421

    April 25, 2024 at 2:51 pm

    Biden just put the last nail in his coffin for any chance for a second term 🙃🙃🙃

    • @Will-zd2lj

      April 25, 2024 at 6:58 pm

      By protecting Americans data?

  6. @jordanbarrett4790

    April 25, 2024 at 2:57 pm

    The US needs to ban Tictok quicker than 9 months to a year

  7. @djpomare

    April 25, 2024 at 6:21 pm

    Banning Tik Tok is just another example of backward American racist nonsense.

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Bloomberg Technology

Apple Soars Post-Earnings and Jobs Data Disappoints | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation…

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Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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The Global Outlook for the Gaming Sector

It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going…

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It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going to launch a competitor to TikTok. Konvoy Managing Partner Jason Chapman joins Ed Ludlow on “Bloomberg Technology.”
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Coinbase Slips as Beat Fails to Impress After Rally

Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg…

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Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg Technology.”
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