TikTok finalizes U.S. spinoff entity, ending battle over Chinese ownership - National | Globalnews.ca

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Global News Canada 2h

TikTok finalizes U.S. spinoff entity, ending battle over Chinese ownership - National | Globalnews.ca

TikTok’s Chinese owner, ByteDance, finalized a deal on Thursday to set up a majority American-owned joint venture company to avoid a U.S. ban on the popular social media app used by more than 200 million Americans. The deal is a milestone for the short video app after years of battles that began in»»»

globalnews.ca
UPI Stati Uniti d'America 18h

Majority stake in TikTok's U.S. business sold ahead of divest-or-ban deadline - UPI.com

TikTok announced Thursday that its U.S. business has been sold to a consortium of U.S.-majority investors to comply with U.S. law. File Photo by Alex Plaveski/EPA-EFE Jan. 22 (UPI) -- Following years of wrangling and political uncertainty, TikTok announced Thursday that its China-based parent compa»»»

upi.com
TheStraitsTimes Singapore 20h

TikTok seals deal for new American joint venture to avoid US ban

WASHINGTON - TikTok’s Chinese owner, ByteDance, finalised a deal on Jan 22 to set up a majority American-owned joint venture company to avoid a US ban on the popular social media app used by more than 200 million Americans. The deal is a milestone for the short video app after years of battles that»»»

straitstimes.com
The Times of India India 20h

TikTok to avoid US ban: Majority American-led joint venture formed with Chinese owner

Social media platform TikTok on Friday announced that it has finalised the creation of a majority American-owned joint venture to run its US operations, a move designed to avert a long-threatened ban linked to its Chinese ownership. The new entity, TikTok USDS Joint Venture LLC, will serve more tha»»»

timesofindia.indiatimes.com
Channel News Asia Malesia 21h

TikTok reaches deal for new US joint venture to avoid American ban

WASHINGTON, Jan 22 : TikTok's Chinese owner, ByteDance, finalized a deal on Thursday to set up a majority American-owned joint venture company to avoid a U.S. ban on the popular social media app used by more than 200 million Americans. The deal is a milestone for the short video app after years of »»»

channelnewsasia.com
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