Sunday, July 25, 2021

TikTok is ahead To considers London and other locations for headquarters

-

TikTok is facing heavy scrutiny in Washington over suspicions China could force the company to turn over user data. TikTok is owned by China-based ByteDance.

TikTok has been in discussions with the UK government over the past few months to locate its headquarters in London, a source familiar with the matter said, as part of a strategy to distance itself from its Chinese ownership.

London is among one of several locations the company is considering, but no decisions have been made, the source said.

It was not immediately clear what other locations are under consideration. But it has hired aggressively in California this year, including poaching Kevin Mayer, a former Walt Disney Co executive, to be TikTok’s chief executive. He is based in the United States.

TikTok is facing heavy scrutiny in Washington over suspicions China could force the company to turn over user data. TikTok is owned by China-based ByteDance.

The source said the company is largely focused on its issues in the United States over the last few weeks, but has not ruled out London as a potential location for its new headquarters. TikTok is expected to “significantly” increase the size of its workforce in London and other key locations outside of China over the next several years, the source said.

The Sunday Times reported bit.ly/2ZHlI1Z Tiktok has broken off talks with the UK government to open a global headquarters in Britain.

A source said Tiktok was still in discussions with Britain’s government.

TikTok declined to comment.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Google introduces Entertainment Space for Android tablets

Google has been working to improve Android tablet experience since its inception. The company introduced Kids Space last year...

5G In India

There are four major telecom operators in india. They are jio,airtel,VI(Vodafone and Idea) and BSNL(Bharat sanchar Nigam Limited)....

Leaks of iPhone 13 series

As we all know the iPhone is the most selling around the world. many like to buy a new...

iTest – Samsung launches app that turns iPhones into Galaxy devices

Samsung has launched a new app called iTest Highlights Samsung has launched a new app called iTest, which gives Apple user...

Latest Updates

Must read

Sony to Reschedule PS5 event to June 11.

The event is supposed to begin at 1 PM...

Amazon looking for recruitment of nearly 10,000 more jobs in Bellevue, Washington

Amazon is growing its presence in its home state. continuing...

You might also likeRELATED
Recommended to you