TikTok Sale Deadline Put on Hold as Talks With U.S. Continue

TikTok Sale Deadline Put on Hold as Talks With U.S. Continue

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing negotiations between ByteDance and a potential buyer group led by Oracle, which includes Walmart and other investors. Despite a missed deadline, talks continue, and no fines have been imposed. The deadline has been extended multiple times, but it won't be extended further due to the upcoming change in the U.S. administration. Legal challenges by ByteDance are ongoing, and it's uncertain how the Biden administration will handle the situation. The current status remains unresolved, with no significant progress made.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the general perception of the negotiations before the election?

They were seen as a serious effort.

They were ignored by the public.

They were considered mere politicking.

They were expected to conclude quickly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are part of the prospective buyer group led by Oracle?

Facebook and Twitter

Amazon and Google

Walmart, Sequoia, Capital, KKR, and General Atlantic

Microsoft and Apple

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens as long as the discussions between ByteDance and the prospective buyer continue?

The deal will be finalized.

The negotiations will be canceled.

A fine will be imposed.

There won't be a fine.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the January 20th deadline mentioned in the video?

It is the deadline for the deal to be finalized.

It is when the Trump administration is expected to leave.

It is the date for a new election.

It marks the end of the fiscal year.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is uncertain regarding the Biden administration's stance?

Whether they will cancel the deal.

Whether they will impose new fines.

Whether they will continue the negotiations.

Whether they will keep the ticking clock on ByteDance.