TikTok's Parent Company is Buying a Chain of Hospitals

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No one generates viral content quite like TikTok, but now its parent wants to try its hand at stopping viral infections.

On Tuesday, China-based ByteDance announced it's buying a chain of hospitals for $1.5 billion. It's not the first tech giant to enter the healthcare space, but this amounts to easily the most traditional play so far.

Source Fool.com