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NEW YORK: Remember TikTok<\/a>? The short-form video platform is stuck in M&A purgatory. And the U.S. presidential election is creating more than just brain haze. With U.S. President Donald Trump driving much of the deal back-and-forth, getting some clarity on this transaction may require sending indulgences to the M&A gods.
Keeping tabs on the many arrows slung at TikTok requires some religious dedication to deal drama. It started back in August, after the popular social media network came under fire by President Trump's administration because it is owned by China's ByteDance<\/a>. He and others in Washington considered it a national security threat.
TikTok is currently suing the administration because of actions taken by the Commerce Department, which issued a set of demands on behalf of the President in September. One is that TikTok is banished from Apple<\/a>'s and Alphabet's Google<\/a> app stores - along with Chinese-backed WeChat<\/a>. The other prevents transactions from taking place with either TikTok or WeChat.
A judge found in favor of TikTok several weeks ago, at least allowing the app to be available in the stores of iPhones and Android mobile devices. But next week a court is set to hear whether the U.S. government can block transactions on TikTok.
That all may be moot though. President Trump also demanded the sale of TikTok's U.S. assets. Oracle<\/a> and Walmart stepped up in September to take a 20% stake in TikTok Global, potentially avoiding an American shutdown.
That transaction requires approval from the Committee on Foreign Investment in the United States and Trump's presidential stamp within a Nov. 12 deadline - after the U.S. election next Tuesday. Whether or not Trump wins the White House is only one hurdle. China could throw its own arrow and refuse to let ByteDance sell TikTok's U.S. platform.
As uncertainty abounds, those toiling over a deal - or the network's U.S. future - remain in limbo. Obtaining some sort of certainty of outcome is becoming a Holy Grail.
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观点:还记得TikTok吗?发送一个放纵的神
法官发现赞成TikTok几周前,至少允许应用程序可在iphone和Android手机的商店。但是下周法院将听到美国政府能否阻止TikTok事务。
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纽约:记住TikTok吗?短视频平台是在并购炼狱。和美国总统选举不仅仅是创建大脑阴霾。与美国总统唐纳德·特朗普开车来回的交易,得到一些明确该事务可能需要向并购神赎罪券。
密切关注许多箭挂在TikTok需要一些宗教戏剧奉献。它开始在8月的时候,后广受欢迎的社交媒体网络受到抨击总统特朗普的政府,因为它是属于中国的ByteDance。他和其他人在华盛顿被认为对国家安全的威胁。
TikTok目前起诉政府因为商务部采取行动,它发布了一组代表总统要求在9月。一个是TikTok逐出苹果和字母谷歌应用商店——连同中国微信。其他防止交易发生TikTok或者微信。
法官发现赞成TikTok几周前,至少允许应用程序可在iphone和Android手机的商店。但是下周法院将听到美国政府能否阻止TikTok事务。
不过,所有可能没有什么实际意义。特朗普总统还要求TikTok的美国资产的销售。甲骨文9月和沃尔玛加大TikTok全球20%的股份,可能避免一个美国人关闭。
事务需要外国投资委员会的批准在美国和特朗普的总统印章在11月12日的最后期限——美国大选后下周二。特朗普赢得白宫是否只有一个障碍。中国可能会把自己的箭头和拒绝让ByteDance出售TikTok美国平台。
随着不确定性的比比皆是,这些辛苦达成协议——或者美国网络的未来——仍然毫无进展。获得某种确定性的结果是成为圣杯。
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