Brind.
  1. Potential buyers of TikTok, including Microsoft and Amazon, are under scrutiny amidst the divestment law, political actions by Biden and Trump, and geopolitical discussions involving Xi Jinping.
  2. The TikTok divestment saga continues with Donald Trump extending deadlines, while investors and figures like Ohanian and McCourt pursue U.S.-built alternatives.
  3. Blackstone exited a consortium bid for TikTok US operations, and the Trump administration favors the sale of TikTok operations.

Blackstone, Oracle, and others are part of a consortium bidding for TikTok, while the White House continues high-level discussions with China regarding the sale.

1 report, 0 independent Updated Jul 1
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What happened

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Blackstone, Oracle, and others are part of a consortium bidding for TikTok, while the White House continues high-level discussions with China regarding the sale.

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How it developed

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  1. Trump's remarks prompted a response from Mao Ning, while Blackstone was involved in the consortium competing for TikTok's US operations.Sub-event
  2. Consortium bidding for TikTok underway with Blackstone and Oracle involved; Chinese government approval needed.

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  • Unknown outlet