Your TikTok feed isn’t changing today. But the people deciding how the app runs in the US have changed, and that’s the part worth paying attention to.
A new American‑majority structure locks U.S. activity, algorithms, and apps like CapCut and Lemon8 behind added safeguards.
Caption: TikTok's Chinese parent company has finalized a deal that would see the video-sharing app become majority American-owned to keep it from being banned in the U.S. (Sean Kilpatrick/The Canadian ...
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. The social ...
TikTok has finalised a deal to allow its American business to continue, by creating a new US entity separate from its global ...
TikTok has finalised a long-awaited ownership deal for its US business, cutting ByteDance’s stake to 20 percent and avoiding a potential ban just ahead of a government deadline.
TikTok is now under new ownership in the US, but what happens next?
ByteDance says a group of investors led by Oracle, Silver Lake, and MGX will set up a U.S.-focused TikTok to avoid a federal ban.
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.
TikTok released some information about the deal Thursday night, but it remains unclear if it complies with a 2024 law.
The deal came in response to a law passed by former President Joe Biden, which threatened to ban TikTok in the US if ByteDance did not sell TikTok's operations in the country.
The JV is called TikTok USDS Joint Venture LLC and has published an announcement that reveals it has three “managing investors,” namely software giant Oracle, private equity firm Silver Lake, and ...