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