The moves are being made so that the popular app can continue operating in the US.
A law passed last year required the U.S. version of TikTok to be separated from its parent company, ByteDance, or face a ban ...
TikTok agrees to place U.S. operations under a new investor-controlled entity, with ByteDance retaining a minority stake.
ByteDance, TikTok's Chinese parent company, has signed a deal to sell its U.S. operations to a group of investors, including ...
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 ...
The deal marks the end of years of uncertainty about the fate of the popular video-sharing platform in the United States.
Technology Technology   The Big Story TikTok signs agreement for U.S. spin-off TikTok on Thursday signed a deal to spin off ...
TikTok employees working for the company’s U.S. Data Security division will be moved under a U.S. joint venture ownership company in January and will no longer be able to receive Restricted Stock ...
In a memo obtained by media outlets, TikTok CEO Shou Zi Chew informed employees that the company has signed a deal to be acquired by a ...
Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, ...