The app was due to be banned in the US a year ago if its Chinese owner hadn't sold its business in America.
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that ...
The joint venture acquiring TikTok’s US assets has been formally established and has announced its leadership team, according to the company, one day before the deadline set by President Donald Trump ...
By David Shepardson WASHINGTON, Jan 22 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday said it has finalized a ...
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 new TikTok USDS Joint Venture LLC has been created, and a new US-based algorithm will be put into place which leave users with the choice to stick around or find an alternative.
The remainder of the TikTok US team — in ecommerce, advertising and marketing — will remain under ByteDance. In early January ...
The Desk on MSN
ByteDance finalizes deal to create US version of TikTok
The arrangement shifts U.S. data control and operations domestically to address national security concerns.
TikTok is now under new ownership in the US, but what happens next?
TikTok deal: ByteDance finalizes agreement to hand off US operations to non-Chinese investors, avoiding ban - The deal lets ...
American and global investors will hold 80.1 per cent of the new entity, TikTok USDS Joint Venture LLC, while ByteDance will ...
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