TikTok fact-checks: US IPO, Chinese ownership, $5B in taxes

TikTok fact-checks: US IPO, Chinese ownership, $5B in taxes

TechCrunch

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There is no shortage of speculation and reports around TikTok’s future in the U.S. Amid a swirl of rumors, TikTok’s Chinese parent ByteDance issued a statement (in Chinese) on Monday morning, bringing clarity to its ongoing deal that has captured global attention over the past few weeks. ByteDance is still the owner China’s ByteDance confirms […]

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