TikTok Time Crunch with Three Acquisition Agreements

If you are a TikTok user, your time to upload just one more video of your dog may be running out. Increased tensions between the United States and China, along with growing concern over privacy issues, have led President Trump to announce that he may be banning the application as soon as August 1st via executive order.

ByteDance Ltd, a private company based in China, has been under pressure by the United States to divest its share in TikTok – a social media platform which is free and allows user to upload and share short videos. The good news for users is that Microsoft is considering acquiring it, according to Josh Rivera’s article in USA Today. Rivera writes:

Government officials have in recent years cracked down on Chinese companies, including telecom company Huawei. There is concern that Chinese companies may share data with the Chinese government. TikTok and Huawei both deny this.

Here are some acquisition documents currently available on RealDealDocs:

Acquisition Agreement

Acquisition Agreement for MIGOM GLOBAL CORP., ACQUIRED COMPANY, Migom Bank Ltd, Migom Global Corp

Acquisition Agreement

Acquisition Agreement for IDEANOMICS, INC., IDEANOMICS, INC

Acquisition Agreement

Acquisition Agreement for VELT INTERNATIONAL GROUP INC., (Natural Health Farm (Labuan) Inc, Natural Health Farm Inc, Velt International Group, Inc.


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Image by Joseph Murica on Pixabay


 

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