TikTok row: US joint venture deal signed to avert Chinese ownership ban; ByteDance’s stake capped at 19.9%

TikTok has signed a joint venture agreement with major investors to keep its platform running in the United States and avoid a potential ban linked to its Chinese ownership, according to an internal memo seen by news agency AFP.TikTok chief executive Shou Zi Chew told employees that the company and its parent ByteDance have agreed […]

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TikTok US Operations: ‘Working very hard on a deal to save TikTok’: Donald Trump delays TikTok ban again, grants 75-day extension

Donald Trump delays TikTok ban again, grants 75-day extension (Picture credit: AP) TikTok will continue operating in the United States until at least mid-June, after US President Donald Trump on Friday signed an executive order delaying the ban by another 75 days. The deadline extension gives ByteDance more time to divest TikTok’s US operations amid […]

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