The deal for its 50% ownership of the joint venture would bring the company at least $2.25 billion.
Related Articles
China Tightens Tech Export Rules Amid TikTok Talks
August 29, 2020
Erin Slifka
US Business
Comments Off on China Tightens Tech Export Rules Amid TikTok Talks
China announced new restrictions on artificial-intelligence technology exports that could further complicate the sale of TikTok’s U.S. operations, while intensifying the tech battle between the world’s two largest economies.
Moderna Asks FDA to Authorize Vaccine
The drugmaker is seeking approval for its Covid-19 vaccine after it was shown to be 94.1% effective, keeping the shot on track for use in the U.S. by year’s end, alongside Pfizer and BioNTech.
Theranos Founder Admits Regrets, Deflects Prosecutors
November 30, 2021
Erin Slifka
US Business
Comments Off on Theranos Founder Admits Regrets, Deflects Prosecutors
The former startup CEO is faced with contradictory statements during her first day of questioning by the government.