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 […]

TikTok in US: Trump delays ban again; extends deadline for 90 days

The ban has been extended till September 17 (Image credit: AP) US President Donald Trump on Thursday signed an executive order that allowed TikTok to operate in the State for another 90 days.He disclosed the executive order on the social media platform Truth Social on Thursday morning. In his post he said, “I’ve just signed […]