The app was due to be banned in the US a year ago if its Chinese owner hadn't sold its business in America.

The White House deal establishing a U.S. unit, separate from its global operations, which are run out of China, ends years of uncertainty about the fate of TikTok, a popular video-sharing platform.

It’s been a while since rumors and reports suggested Apple is exploring a new divisive product category, and it’s been several years since the Apple car. Unfortunately, the new challenger is a ...

Under the new agreement, the US app will be split from the global business, with its algorithm to be trained only on US data.

TikTok has completed a deal that allows the short-video platform to continue operating in the United States, formally separating its US business from its global operations. The agreement came after ...

Video-sharing platform TikTok has over a billion users worldwide, including more than 170 million in the United States, it says ...

TikTok launches a U.S.-owned joint venture, cuts ByteDance stake to 19.9%, and secures U.S. data and algorithms on Oracle cloud.

Social media giant ByteDance has finalised a deal to establish a new majority American-owned, or at least American-friendly, joint venture, TikTok USDS Joint Venture LLC, to avoid a US ban on the app.

WASHINGTON, United States — TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business. This enables the company to avoid a ban over its Chinese ...