Video-sharing platform TikTok has over a billion users worldwide, including more than 170 million in the United States, it says ...
A legal battle ensued between ByteDance and the US government, and in January last year the app went offline for US users for 12 to 14 hours. That temporary blackout was restored after Trump, then the ...
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.
TikTok launches a U.S.-owned joint venture, cuts ByteDance stake to 19.9%, and secures U.S. data and algorithms on Oracle cloud.
The popular short-form video platform has been subject to years of scrutiny across the political aisle in the U.S. over its Chinese ownership.
The new US TikTok entity is up and running in compliance with Donald Trump's executive order to protect American's data - and ...
By David Shepardson WASHINGTON, Jan 22 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday said it has finalized a ...
President Donald Trump thanked Chinese President Xi Jinping after TikTok reached a deal with Oracle, Silver Lake, and MGX investors to avoid a US ban ...
WASHINGTON—TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid ...
The deal, first announced in December, transfers control of TikTok's US operations to a new entity majority-owned by American investors, including cloud-computing giant Oracle, private-equity firm ...
Deal keeps app available for more than 200 million U.S. users under new safeguards around data, algorithms and content moderation.
Source: AP TikTok has finalised a deal to create a new American entity, avoiding the looming threat of a US ban that has been under discussion for years. The social video platform company signed ...