TikTok courted Saudi and UAE investors as U.S. pressure mounted

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When TikTok CEO Shou Zi Chew arrived at the King Abdulaziz International Conference Center in October 2024, he had no intention of criticizing the Saudi government. He was there at its invitation, as a keynote speaker at a conference hosted by the crown prince’s Future Investment Institute (FII), a glitzy annual event billed by its hosts as “Davos in the Desert.”

Shou had a lot else going on during the week of the FII conference. The U.S. presidential election was fast approaching,…



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TikTok courted Saudi and UAE investors as U.S. pressure mounted


When TikTok CEO Shou Zi Chew arrived at the King Abdulaziz International Conference Center in October 2024, he had no intention of criticizing the Saudi government. He was there at its invitation, as a keynote speaker at a conference hosted by the crown prince’s Future Investment Institute (FII), a glitzy annual event billed by its hosts as “Davos in the Desert.”

Shou had a lot else going on during the week of the FII conference. The U.S. presidential election was fast approaching,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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