UAE spymaster purchases $100 million stake in TikTok maker ByteDance

Mar 22, 2023

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Sheikh Tahnoon Bin Zayed. Photo/Arabian Business

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United Arab Emirates spy chief, royal Sheikh Tahnoon bin Zayed Al Nahyan has purchased a more than $100 million stake in ByteDance Ltd., the parent company behind the popular video platform TikTok, says a Bloomberg report.

In recent months, Abu Dhabi-based AI firm G42, a technology group controlled by the …

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