Private equity firm Blackstone Inc. has pulled out of a group of investors seeking to take a minority stake in TikTok’s ...

Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s U.S. operations, a source familiar with the matter told Reuters on Friday.

Asset manager Blackstone rescinded its bid to take a stake in TikTok’s US-based business. The company had aligned itself with ...