ByteDance says it will own 80% of TikTok U.S. firm, contradicts Trump's claims deal has 'nothing to do with China'

ByteDance said on Monday it was not giving up control of TikTok in the U.S. and said a claim that the U.S. Treasury would get $5 billion in taxes was just a “forecast” and would depend on how the business performed.

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HEDGE accordingly