Business

Biden backs off on TikTok ban in review of Trump China moves

The Biden administration is backing off former President Donald Trump's attempts to ban the popular video app TikTok, asking a court to postpone a legal dispute over the proposed ban as the government begins a broader review ...

Business

US extends TikTok sale deadline to December 4

The US Treasury on Wednesday said it had extended by seven days the November 27 deadline given to the Chinese owner of TikTok to sell the popular social media platform's American business.

Business

US extends deadline for TikTok sale to Nov 27

US authorities have given the Chinese owner of TikTok two additional weeks to divest the social media sensation in order to resolve national security concerns voiced by President Donald Trump's administration.

Business

Apple to open its first India online store

Apple will launch its first online store in India next week, the Silicon Valley giant said Friday, hoping to cash in on the country's festive season and grow its tiny share of the booming market.

Business

TikTok parent working flat out for 'best outcome': report

The founder of Bytedance, which owns social media giant TikTok, said Monday his teams were working around-the-clock "for the best outcome" as talks on the sale of its US operation to Microsoft continue, Chinese media reported.

Business

TikTok must be sold or blocked in US, says Mnuchin

TikTok must either be sold or blocked in the US due to national security concerns, Treasury Secretary Steven Mnuchin said Sunday in the latest ominous US warning to the Chinese-owned app.

Business

Trump says will bar TikTok from US

President Donald Trump said Friday he will bar fast-growing social media app TikTok from the United States as American authorities have raised concerns the service could be a tool for Chinese intelligence.

Business

TikTok faces US national security review

A US government national security review of the social media app TikTok is nearly complete and will deliver a recommendation to the White House this week, Treasury Secretary Steven Mnuchin said Wednesday.

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