TikTok Has Until April to Find a Deal Trump Likes
US President Donald Trump with an executive order during a signing ceremony in the Oval Office of the White House.
Photographer: Jim Lo Scalzo/EPAThis article is for subscribers only.
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov recounts the latest back and forth surrounding the future of TikTok in the US.
Zomato drops: India’s rapid delivery provider Zomato Ltd. plunged more than 13% on Tuesday after earnings fell short of analyst estimates. The company cited heightened competition leading to “a pause in margin expansion.” Shares of peer Swiggy Ltd. also fell almost 11% in Mumbai, a record drop.