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 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 ...
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 ...
TikTok is now under new ownership in the US, but what happens next?
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.
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the U.S. that has been in discussion for years.
TikTok finalizes historic deal creating majority American-owned joint venture structure, aiming to avert potential U.S. ban ...
TikTok said Thursday it completed the deal to spin off its U.S. operations -- concluding a yearslong battle over access to ...
ByteDance has closed a deal with multiple investors to form TikTok U.S., a joint venture that will be governed by an American-majority board -- finally bringing the popular video app into compliance ...
TikTok has finalized a deal to create a new American version of the app, avoiding the looming threat of a ban in the U.S.
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 ...
The U.S. and China have finalized a deal on TikTok that would hand control of the company's U.S. operations to a group of investors, according to a White House official. The deal comes just ahead of a ...