TikTok Strikes Deal to Create New U.S. Entity and Loosen App’s Ties to China

Technology

Tiktok Strikes Deal To Create New U.s. Entity And Loosen App’s Ties To China

By The New York Times

TikTok said on Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok, concluding a six-year legal saga that saw the app banned by Congress and ensnared in politicking between t ...Read more

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