TikTok’s Chinese owner offers to forego stake to clinch U.S. deal sources say

TikTok’s Chinese owner offers to forego stake to clinch U.S. deal sources say Written By: Echo Wang and Alexandra Alper / Reuters | Aug 1st 2020 – 10am. àƒ— A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK/WASHINGTON, Aug 1 (Reuters) ࢀ" China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on…