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Treasury Secretary Yellen at the Senate and the UK vs. TikTok

Bloomberg Tech

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TikTok CEO Will Lean Into Divorce or Your Band?

TikTok's position and what sources tell me that the CEO will lean into when he testifies at the house next week is that they want to lay out the facts. They've put a $40 to $50 billion valuation on this one asset, which would make it a pretty sizable tech company bigger than Snap. And certainly, it seems that ByteDance would not want to let go of this asset.

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