Deal to secure TikTok’s future in the US has finally closed
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TikTok is experiencing significant issues in the US, with thousands of users reporting outages on Sunday, according to DownDetector. This story is still developing, so updates are expected.
The United States and China have signed off on a deal that would hand control of TikTok’s U.S. operations to a group of investors backed by the Trump administration, according to a White House official.
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TikTok, US seal the deal on a 'Joint Venture' to keep the app online
TikTok, U.S. Government reached a deal to keep the app's services online for users, as both agreed on a Joint Venture LLC.
After a long legal saga, TikTok has established a majority American-owned joint venture to operate its US business, deflecting the threat of a ban over its Chinese ownership. TikTok insists that US users will maintain a "global TikTok experience,
Chinese firms must contend with geopolitical tensions and mistrust to do business in the United States. Some are choosing to avoid the U.S. altogether.
Video-sharing platform TikTok has over a billion users worldwide, including more than 170 million in the United States, it says -- nearly half the country's population.The platform has faced scrutiny worldwide,
In January 2025, the prevailing thought in Washington was that President Donald Trump‘s push to broker a deal to keep TikTok operating in the United States was nothing more than a pipe dream. The president himself had explored banning the app during his first term,
The popular short form video app has a new corporate structure in the United States, which could result in some changes for the 200 million Americans who use TikTok.