Theresa, if we may, I want to go to the other piece of this first, because, you know, the emphasis from the administration was making us tick tock American. The UAE is an ally of the United States in defense, for example. You know, there's weapons and other agreements there.But in in the context of something that is digital, what do you make of MKG X participating as an anchor investor and potential board seat holder of the US Tech talk. Well, I think it's very interesting. Obviously, they have deep enough ...

Ownership Structure & Investment - Bike Dance is expected to retain 50% of the profits from a US TikTok venture [1] - MGX, a UAE state-backed investment vehicle, is an anchor investor in the venture [1] Advertiser Concerns - Global brands (Fortune 1000) advertising on TikTok prioritize performance and brand safety [1] - Advertisers' concerns about brand safety depend on whether the new ownership structure addresses them [2] - If brand safety concerns are not addressed, advertisers will care about the ownership structure [2] Creator Perspective - Creators are more concerned with the culture and community on TikTok [2] - Creators are concerned about whether the community and vibe will remain the same [2] - Creators are less concerned about the ownership structure if community engagement remains consistent [3]

That profitability option is tied to the fact that, you know, Biden still has to run the operation. So what they have done is created two separate entities. One entity will house the data, it will control the content and the algorithms.So they are going to recreate the algorithm. And that other entity that Bytedance is responsible for will actually run the day to day operations, and it will be responsible for showing the ads and e-commerce that flows through tick tock. And so from that perspective, it makes ...

ByteDance to Get About 50% of TikTok US Profit Under Trump Deal. Listen for more on Bloomberg Intelligence. https://t.co/QBy77bqzCb ...

We also had vice president JD Vance saying that TikTok could be valued now at around 4 billion. That's one four. That seems to be a lowball over compared to what TikTok US operations had been valued as it had been valued close to $40 billion.So, you know, definitely a cut there. We heard this from the vice president, J. D.Vance, who said that ultimately this is going to be determined by the amount paid and all the US buyers will likely welcome this. Our story points out that a lowball valuation bytedance an ...

LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Reuters | Fast Company Newsletters "There was some resistance on the Chinese side, but the fundamental thing that we wanted to accomplish is that we wanted to keep TikTok operating, but we also wanted to make sure that we protected Americans' data privacy as required by law,†Vance told reporters at an Oval Office briefing. Trump's order says the algorithm will be retrained and monitored by the U.S. company's security partners, and operation of the algorithm w ...

There has been no clear confirmation out of Beijing. Uh the foreign ministry was asked about President Trump's Tik Tok announcement overnight and the ministry said the Chinese government respects the will of enterprises and is happy to see enterprises doing business negotiations on the basis of market rules and reaching a solution that meets China's laws and regulations and balances interests. We hope that the United States will provide an open, fair, and non-discriminatory business environment for Chinese ...

The chair of the House Select Committee on China said Friday he will conduct full oversight over a deal for Chinese-based ByteDance to sell U.S. assets of short video app TikTok that was approved by P... ...

On that front, let's get to our Ununice Yun who's been covering this from the Beijing side. Hey Ununice. >> Hey guys.Well, like you said, there has been no clear confirmation out of Beijing. Uh the foreign ministry was asked about President Trump's Tik Tok announcement overnight and the ministry said the Chinese government respects the will of enterprises and is happy to see enterprises doing business negotiations on the basis of market rules and reaching a solution that meets China's laws and regulations a ...

(Reuters) -ByteDance will play a bigger than expected role in the new TikTok entity that is set to be sold to U.S. and global investors to address U.S. national security concerns, three sources familiar with the matter told Reuters, in a new structure that appears to lay out the continued and significant involvement of the China-based global tech giant. ByteDance will be maintaining ownership of TikTok's U.S. business operations and will cede control of the app’s data, content and algorithm to the newly f ...