The deal for a consortium of U.S. investors to acquire control of the American assets of the video platform closed Thursday.
ByteDance has closed a deal to form TikTok U.S., a joint venture that will be majority-owned by American investors — finally bringing the popular video app into compliance with a U.S. law that went ...
In a series of messages, Instagram’s top exec laid out his concerns for the platform in the coming year, largely around AI.
TikTok has finalized a deal to create a new American version of the app, avoiding the looming threat of a ban in the U.S.
Adam Presser is the CEO of the US-controlled TikTok, as the board and investors have been revealed.
A new American‑majority structure locks U.S. activity, algorithms, and apps like CapCut and Lemon8 behind added safeguards.
The new TikTok USDS Joint Venture LLC has been created, and a new US-based algorithm will be put into place which leave users with the choice to stick around or find an alternative.
Chinese social media giant TikTok, a platform for sharing short-form videos, recently closed a major deal that will allow it ...
The joint venture acquiring TikTok’s US assets has been formally established and has announced its leadership team.
ByteDance finalizes a majority US-owned TikTok joint venture to secure data, avoid a ban, and place operations under American control.