Blackstone Pulls Out of TikTok US Investment Amid Deal Uncertainty
Summary
Blackstone abandons plans to invest in TikTok's US operations as uncertainty mounts over the video-sharing app's future, with ByteDance exploring options like selling or restructuring its US business amid delays in securing a deal.
Key Points
- Blackstone withdraws from plans to invest in TikTok US
- Mounting uncertainty surrounds deal for TikTok's US business amid delays
- ByteDance explores options like selling or restructuring TikTok's US operations