Tech

TikTok homeowners will relocate to London from Beijing, Solar newspaper says

Summary

TikTok proprietor ByteDance will transfer its headquarters to London from Beijing beneath a deal permitted by British ministers, The Solar newspaper reported. Reuters Final Up to date: August 3, 2020, 11:38 AM IST LONDON TikTok proprietor […]

TikTok owners will relocate to London from Beijing, Sun newspaper says

TikTok proprietor ByteDance will transfer its headquarters to London from Beijing beneath a deal permitted by British ministers, The Solar newspaper reported.

  • Reuters
  • Final Up to date: August 3, 2020, 11:38 AM IST

LONDON TikTok proprietor ByteDance will transfer its headquarters to London from Beijing beneath a deal permitted by British ministers, The Solar newspaper reported.

ByteDance’s founders are to announce their intention to arrange store in London quickly, the newspaper mentioned, including that the transfer was prone to upset U.S. President Donald Trump who has thought of banning TikTok in the USA.

It was not instantly potential to achieve TikTok for remark.

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Microsoft Corp mentioned on Sunday that it could proceed discussions to accumulate widespread short-video app TikTok from Chinese language web big ByteDance, and that it was aiming to conclude the negotiations by Sept. 15.

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