Blackstone Considers Investing in TikTok Amid Required Separation from ByteDance
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The private equity giant Blackstone is considering investing in the video application TikTok as it must comply with a law requiring its separation from its Chinese owner, ByteDance, by next week. This measure follows national security concerns regarding TikTok's links with China. The law mandates that TikTok must dissociate from ByteDance to continue operating in the United States.