The moves are being made so that the popular app can continue operating in the US.
U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related ...
U.S. stocks closed higher today after a rocky start ‌to the week, as a rebound in technology shares offset tumbling consumer ...
TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.
TikTok has reached a deal to stay in the US. Learn how the new Oracle-led ownership and a retrained algorithm will change the ...
TikTok has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the ...
The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or ...
TikTok came one step closer to finalizing its divestment deal to continue operating in the United States on Thursday.
The deal marks the end of years of uncertainty about the fate of the popular video-sharing platform in the United States.
China-based ByteDance will still own the underlying algorithm, according to an internal memo that NPR reviewed.
A new deal would give U.S. investors control of TikTok’s American business, easing long-running concerns over data security ...