• FaceDeer@fedia.io
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    10 days ago

    Trump is forcing them to sell their American operations to American owners or be blocked from operating in the US.

    • Almacca@aussie.zone
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      10 days ago

      I can’t find it now, but I’m sure I saw a post earlier that said there was a bunch of Saudi money going into the sale.

        • Almacca@aussie.zone
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          10 days ago

          Thankyou. I’m right now watching Internet Today’s coverage of it, which also confirmed it. There’s also this interesting snippet from the CNBC article they quote from:

          “No representatives from ByteDance were present at the signing, and the company hasn’t acknowledged that a transaction is taking place. No purchase price was mentioned, and there’s no indication that the Chinese government has made changes to laws that would be necessary for a deal to take place.”