Test Lists

  • Regression Package Testing List Page
Publisher QA3 - UPP Test
  • Regression Package Testing List Page
1 / 0

TikTok’s owner applies for Chinese license to close US deal

September 24, 2020
AP
Tiktok’s Owner Applies For Chinese License To Close Us Deal
FILE - In this Aug. 7, 2020, file photo, women wearing masks to prevent the spread of the coronavirus chat as they pass by the headquarters of ByteDance, owners of TikTok, in Beijing, China. TikTok's owner said Thursday, Sept. 24, 2020, that it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and Walmart to keep the popular video app operating in the United States. (AP Photo/Ng Han Guan, File)
Share this...
  • Facebook
  • Pinterest
  • Twitter
  • Linkedin

BEIJING (AP) — TikTok’s owner said Thursday it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and Walmart to keep the popular video app operating in the United States.

Beijing tightened control over technology exports last month in an effort to gain leverage over Washington’s attempt to force an outright sale of TikTok to U.S. owners. The White House says the video service is a security risk because the personal information of its millions of U.S. users could be handed over to Chinese authorities.

President Donald Trump said this week he would approve a proposed deal in which Oracle Corp. and Walmart Inc. could initially own a combined 20% of a new U.S. entity, TikTok Global. Trump said Oracle must have “total control.”

ByteDance said it applied to the Beijing Municipal Bureau of Commerce for an export license and was awaiting a reply. The one-sentence statement gave no other details.

Chinese authorities have not indicated whether they will agree to a transfer of technology. But official newspapers criticized the proposed deal this week as bullying and extortion.

“China has no reason to give the green light to such a deal, which is dirty and unfair,” said the newspaper China Daily on Wednesday.

On Thursday, the foreign ministry said China will “take necessary measures” to safeguard its companies but gave no indication what steps it can take to affect TikTok’s fate in the United States.

A ministry spokesman, Wang Wenbin, called on Washington to “respect the principles of market economy and fair competition” and “provide an open, fair, just and non-discriminatory business environment” for foreign companies.

Categories: Madison Magazine Logo

Latest Stories

Eu Regulator Authorizes Astrazeneca Vaccine For All Adults

EU regulator authorizes AstraZeneca vaccine for all adults

Rayos Syndication User,
KXLY-Latest Stories

Regulators authorized AstraZeneca’s coronavirus vaccine for use in adults throughout the European Union on Friday, amid criticism the bloc is not moving fast enough to vaccinate its population.

Ex Fbi Lawyer Given Probation For Russia Probe Actions

Ex-FBI lawyer given probation for Russia probe actions

Rayos Syndication User,
KXLY-Latest Stories

WASHINGTON (AP) — A former FBI lawyer was sentenced to probation for altering an email that the Justice Department relied on during its surveillance of an aide to President Donald Trump during the Russia investigation.

Evers: Repealing Mask Mandate Like Eliminating Speed Limits

Evers: Repealing mask mandate like eliminating speed limits

Rayos Syndication User,
KXLY-Latest Stories

MADISON, Wis. (AP) — Democratic Gov. Tony Evers lashed out Friday at rival Republicans who tried to repeal his statewide mask mandate, saying killing the order would be a ridiculous move comparable to abolishing speed limits.

Conservatives Praise South Carolina Win On Abortion Ban

Conservatives praise South Carolina win on abortion ban

Rayos Syndication User,
KXLY-Latest Stories

COLUMBIA, S.C. (AP) — As some conservatives in South Carolina celebrated getting a bill that would ban almost all abortions in the state past a legislative barrier and likely becoming law, they said they are not finished trying to end all abortions.

Moscow Court Puts Navalny’s Allies Under House Arrest

Moscow court puts Navalny's allies under house arrest

Rayos Syndication User,
KXLY-Latest Stories

A Moscow court on Friday put the brother and several allies of Russian opposition leader Alexei Navalny under house arrest for two months as authorities sought to stymie more protests over the jailing of the top Kremlin foe.

Most Popular

Test New Article 12092025 - 4 - Message

Test New Article 12092025 - 4 - Election

Test New Article 12092025 - 2 - Closing

Test New Article 12092025 - 2 - Weather

Test New Article 12092025 - 1

Nowapp-BLOX Send 12092025

© 2025 Publisher QA3 – UPP Test.

Privacy Policy
Powered byBLOX Digital
X