The move came two days after a court upheld the Federal Trade Commission’s challenge to the deal on antitrust grounds.
Related Posts
Drugmakers Notch a $5 Billion Win in Republicans’ Policy Bill
More medicines will be spared from Medicare price negotiations, a change that is projected to wipe out billions in savings for the federal government.
TikTok, RedNote and the Crushed Promise of the Chinese Internet
China’s internet companies and their hard-working, resourceful professionals make world-class products, in spite of censorship and malign neglect by Beijing.
Americans Invested Billions in Chinese Companies. Now Their Money Is Stuck.
When investors talk about “zombie” companies, they’re usually referring to distressed start-ups that are hobbling along, unable to grow and unlikely to ever return the money they’ve raised. But as deal makers feverishly debated efforts this week by lawmakers to force TikTok’s Chinese parent company, ByteDance, to sell the app, they talked about a new […]