ByteDance Asserts Control of TikTok and Contests $5 Billion Fee
The logo for ByteDance Ltd.’s TikTok app is arranged for a photograph on a smartphone in Sydney, New South Wales, Australia. (Photographer: Brent Lewin/Bloomberg)

ByteDance Asserts Control of TikTok and Contests $5 Billion Fee

(Bloomberg) -- ByteDance Ltd. emphasized it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will b...
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