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.
Adam Presser, formerly of WarnerMedia, was appointed today as the CEO of the USDS Joint Venture and is set to "secure US user ...
Axios on MSN
TikTok finalizes deal spinning off US operations
TikTok on Thursday closed a deal to divest its U.S. entity to a joint venture controlled by American investors, the day ...
TikTok said Thursday that it officially formed a joint venture that will keep the video-sharing app operating in the United States.
The app itself still faces an uncertain future—one that might result in a platform that is far more right-leaning, more hostile, and less secure.
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