After much uncertainty over whether the popular app TikTok would remain in the United States, the company has signed a deal to sell its U.S. operations to a group of American investors.

Stocks gained ground on Wall Street as AI stocks like Nvidia turned higher again. The S&P 500 rose 0.9% Friday, erasing its losses for the week. The Dow Jones Industrial Average added 183 points, or 0 ...

TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.

TikTok has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the ...

ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media ...

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.

A new deal would give U.S. investors control of TikTok’s American business, easing long-running concerns over data security ...

Technology Technology   The Big Story TikTok signs agreement for U.S. spin-off TikTok on Thursday signed a deal to spin off ...