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TikTok avoids US ban as ByteDance hands control of US operations to Oracle-led group
TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.
The deal is a major step toward resolving years of uncertainty about the short video app's future in the United States since ...
American investors will take over the US version of TikTok as part of agreements signed on Thursday by the app's Chinese owner, ByteDance. The ramifications could be huge for the millions of creators ...
In April 2024, during President Joe Biden's administration, the US Congress passed a law to ban the app over national ...
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