TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years.
The United States and China have signed off on a deal that would hand control of TikTok’s U.S. operations to a group of investors backed by the Trump administration, according to a White House ...
The popular short form video app has a new corporate structure in the United States, which could result in some changes for the 200 million Americans who use TikTok.
The deal comes after years of battles that began when President Donald Trump tried unsuccessfully to ban the app over ...
ByteDance has closed a deal to form TikTok U.S., a joint venture that will be majority-owned by American investors — finally bringing the popular video app into compliance with a U.S. law that went ...
The arrangement shifts U.S. data control and operations domestically to address national security concerns.
TikTok announced Thursday that its China-based parent company, ByteDance, has sold its majority stake in the U.S. business rights of its social media platform to a group of non-Chinese investors.
Videos circulating on social media show users mapping out their faces, loading syringes and injecting what they claim are ...