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. that has been in discussion for years.
TikTok finalizes historic joint venture deal with American entities holding 80.1% stake to avert potential U.S. ban, with Oracle, Silver Lake and MGX as managing investors.
The deal concludes a yearslong battle over U.S. access to the popular app. By Elizabeth Schulze January 22, 2026, 6:28 PM (ABC) -- TikTok said Thursday it completed the deal to spin off its U.S. operations -- concluding a yearslong battle over access to the wildly popular video app for millions of A…
The joint venture acquiring TikTok’s US assets has been formally established and has announced its leadership team, according to the company, one day before the deadline set by President Donald Trump for the app’s US assets to be spun off by Chinese parent company ByteDance.
ByteDance has closed a deal with multiple investors to form TikTok U.S., a joint venture that will be governed by an American-majority board -- finally bringing the popular video app into compliance with a U.S. law that went into effect last year.
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the U.S. that has been in discussion for years TikTok
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years.
NEW YORK (AP) — TikTok has at last finalized a deal to keep the popular video sharing platform operating in the U.S. after years of uncertainty, but questions remain about
The Chinese-owned social media platform announced it has finalized a $14 billion deal to create a U.S.-based version of TikTok, backed primarily by non-Chinese investors, a move required under a 2024 federal law citing national security concerns.
China's TikTok announced Thursday that it has finalized an agreement to spin off its American operations into a new joint venture, ending years of uncertainty over the platform's future in the United States.
The deal is intended to loosen TikTok’s ties to China and address security concerns that Beijing could use the app to surveil or manipulate its more than 200 million users in the US.
