Category : Search result: divestment

TikTok Owner ByteDance Launches Massive $5bn Share Buyback Amid US Divestment Pressure

TikTok Owner Launches $5bn Staff Share Buyback Amid US Pressure

ByteDance, the Chinese parent company of TikTok, initiates a $5 billion stock buyback programme for current and former employees, valuing the firm at a staggering $265 billion. This strategic move comes as the tech giant faces intense pressure from US law

27/08/2025 13:00

Treasury Official Fails to Divest Assets, Raising Ethics Concerns

Treasury official fails to divest assets, ethics probe looms

A senior US Treasury official, Scott Bessent, has failed to divest from certain financial assets, sparking ethical and legal scrutiny over potential conflicts of interest.

13/08/2025 21:13

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Category : Search result: divestment

TikTok Owner Launches $5bn Staff Share Buyback Amid US Pressure

Treasury official fails to divest assets, ethics probe looms

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