תפריט כתבה
TikTok signs deal to create new US joint venture
abc
04:54
TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors.
תפריט כתבה
תפריט כתבה
TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors.
The deal is a major step toward resolving years of uncertainty about the app's future in the United States, dating back to when then-President Donald Trump unsuccessfully tried to ban the app.
TikTok CEO Shou Chew told employees of the app that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as agreed to in a deal with the Trump administration. NBC News' Brian Cheung has more on the latest announcement.
The deal closes a long-running drama in which U.S. authorities have sought to compel ByteDance to divest.
The deals would end years of efforts by Washington to force ByteDance to sell its US operations.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
TikTok CEO Shou Chew told employees that owner ByteDance had signed binding agreements to create a new joint venture for the app in the United States.
TikTok has signed a deal to form a new U.S. unit with three American investors — Oracle, Silver Lake and MGX — holding a majority stake
ByteDance's TikTok has signed a deal to sell its US entity to a joint venture controlled by American investors, according to a memo from TikTok CEO seen by Reuters.
