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What you should know about the owners of US TikTok

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​ByteDance, TikTok’s Chinese parent company, recently established a separate American entity to run the app’s U.S. operations. This restructuring aims to separate U.S. TikTok from its Chinese parent, addressing concerns about data privacy and foreign control. The move came after years of pressure from lawmakers, who feared the Chinese government’s potential access to Americans’ data. … Read more

TikTok agrees to deal to cede control of US business to American investor group

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TikTok has reached a deal to cede a substantial portion of its U.S. operation to a group of American investors, thus ending a years-long tussle in which the federal government has sought to force the platform to do just that. The new partnership is described as a “new TikTok U.S. joint venture” in an internal … Read more