Blackstone Considers Small Investment in TikTok
Source: New York Times
The private equity giant Blackstone is weighing taking a small stake in TikTok ahead of an April 5 deadline set by President Trump for the Chinese-owned app to change its ownership or face a U.S. ban under federal law, two people familiar with the situation said.Investing in TikTok would give Blackstone the chance to take a bite of one of the most popular social media applications in the world, which has over 170…
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