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.

UAE spymaster purchases $100 million stake in TikTok maker ByteDance; company valuation at $220bn

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UAE spymaster purchases $100 million stake in TikTok maker ByteDance; company valuation at $220bn