TikTok strikes high-stakes deal to keep app alive in US

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Samaa Pakistan 39m

TikTok strikes high-stakes deal to keep app alive in US

TikTok has reached a landmark agreement to hand over significant control of its U.S. business to a group of American investors, bringing an end to years of political and regulatory pressure over national security concerns. TikTok’s parent company ByteDance confirmed the development in an internal m»»»

samaa.tv
Malay Mail Malesia 2h

ByteDance signs deal to save TikTok in the US

WASHINGTON, Dec 19 — TikTok’s Chinese owner, ByteDance, said today it signed binding agreements with three major investors to form a joint venture to operate TikTok’s U.S. app led ‌by American and global investors in a bid to avoid a U.S. government ban, a significant step toward ending years of un»»»

malaymail.com
Channel News Asia Malesia 2h

China's ByteDance signs deal to form joint venture to operate TikTok US app

WASHINGTON: TikTok's Chinese owner, ByteDance, said on Thursday (Dec 18) it signed binding agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors in a bid to avoid a US government ban, a significant step towards ending years of »»»

channelnewsasia.com
BBC Gran Bretagna 5h

TikTok owner signs deal to sell US business

TikTok's Chinese owner ByteDance has signed binding agreements with US and global investors to sell the majority of its business in America, TikTok's boss told employees on Thursday. Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati inves»»»

bbc.com
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