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China tech

US scrutiny of China's TikTok the latest headache for SoftBank

Sen Rubio requests investigation into social media app part-backed by Vision Fund

TikTok operator ByteDance, known as the world's most valuable startup, bought Musical.ly in 2017 for a reported $1 billion.   © Reuters

NEW YORK -- Calls by U.S. Senator Marco Rubio for a review of ByteDance's acquisition of the wildly popular social media app TikTok could also hit Japanese tech investor SoftBank.

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