The idea was to prevent Chinese control of the app for US users, but the deal gives 15% of the new venture to another foreign ...
WASHINGTON, Jan 22 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday said it has finalized a deal to establish a ...
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
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.
Al Jazeera on MSN
Who controls TikTok’s US platform under new deal?
It comes after TikTok faced years of intense scrutiny in the US due to concerns about user data privacy.
Today’s Forbes Daily newsletter features SpaceX's upcoming IPO, Greenland deal still murky, bigger refunds could be coming, this year's Oscar nominees and more.
TikTok signed agreements with major investors including Oracle, Silver Lake and MGX to form a new American entity.
A sleep-dodging Donald Trump used his return to the White House to embark on a late-night Truth Social posting rampage. Trump ...
Following the incident, the delivery driver told Aimee Hitchmough that he "couldn’t wait to tell his friends what happened.” ...
TikTok has secured its future by agreeing to split the US app from the global business. But the deal will spark changes to how the app's algorithm works.
Freecash will actually pay money out to users but not for watching videos. This misleading marketing coincides with the app’s rising popularity.
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