Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese ...

Bloomberg Iliad SA has agreed to buy Polish telecommunications company Play Communications SA for $2.6 billion as it expands across Europe. French billionaire Xavier Niel’s Iliad has offered 39 zloty per share for Play, and has received binding commitments from two controlling shareholders for their 40% stake, the companies said in a statement on Monday. The cash-and-debt deal shows Niel’s ...

Bloomberg Tesla Inc. Chief Executive Officer (CEO) Elon Musk is rallying the troops as the end of the third quarter nears, urging employees in an email to make and sell as many electric cars as possible before September 30. “We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to achieve it,” said ...