Popular video app finalises deal to keep its US operations running, averting a ban that loomed if Chinese owner ByteDance failed to sell to American...

Popular video app finalises deal to keep its US operations running, averting a ban that loomed if Chinese owner ByteDance failed to sell to American...

TikTok has avoided a US ban after ByteDance agreed to a majority American-owned venture.

Video sharing site’s Chinese owner ByteDance has set up majority US-owned venture

Video sharing site’s Chinese owner ByteDance has set up majority US-owned venture

TikTok’s Chinese parent company, ByteDance, has finalized a deal to create a majority American-owned joint venture aimed at securing U.S. user data...

TikTok’s Chinese parent company, ByteDance, has finalized a deal to create a majority American-owned joint venture aimed at securing U.S. user data...

The new structure responds to a law passed under Joe Biden that forced Chinese-owned ByteDance to sell TikTok’s US operations or face a ban.

The new structure responds to a law passed under Joe Biden that forced Chinese-owned ByteDance to sell TikTok’s US operations or face a ban.

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban.