The deal, set to close on Jan. 22, would end years of efforts to force ByteDance to divest its US business over national security concerns.
In a memo to employees, TikTok CEO Shou Chew said Thursday the long-awaited creation of a joint venture to oversee the U.S. part of the China-based video platform finally is about to close. The JV ...
(THE CONVERSATION) Chinese tech giant ByteDance has signed an agreement to sell a majority stake in its video platform TikTok to a group of U.S. investors. President Donald Trump announced a ...
As the first year of Donald Trump’s chaotic trade war winds down, the tech industry is stuck scratching its head, with no ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or face a ban.
TikTok has finally chosen a path that keeps the app alive in the United States, agreeing to carve out its American business ...
The details are still emerging and the deal is not completely final. There are also still lingering questions about whether TikTok users are going to accept the final app.
The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.
With its new US investors having connections to President Trump, and a deal that allows the gov't to select one board member, there are concerns that TikTok will lean more towards the right, and scale ...
Christmas is a time when families get together if they can - and, until this year, the Murdochs were no different. With ...