House Committee Demands Urgent Briefing on TikTok Deal Amid Criticisms and Valuation Surge
TL;DR Summary
The House committee chair has requested a White House briefing on the proposed U.S. deal to acquire TikTok, which involves divesting from Chinese parent ByteDance, amid ongoing negotiations and concerns over Chinese influence, algorithm control, and valuation issues.
- Chair of a House committee on China demands urgent White House briefing on TikTok deal AP News
- Trump's TikTok deal payment criticized as 'shakedown scheme' by experts NPR
- TikTok’s $14 billion valuation in Trump deal stuns investors Yahoo Finance
- What are TikTok’s new owners buying? The Economist
- ByteDance to Get About 50% of TikTok US Profit Under Trump Deal Bloomberg.com
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