IT Blog

Softbank Group Corp, a Japanese stakeholder in TikTok’s Chinese parent company ByteDance Ltd., is leading negotiations in India to sell the social media giant’s assets in the country, according to a report from Bloomberg. While initial negotiations have failed to materialize, the report says the Japanese company is still actively looking for bidders in India.

Softbank has played a central role in international negotiations as the Chinese-owned social media company attempts to navigate increasingly fraught political environments, including in the United States. Multiple governments have threatened or carried out…