TikTok, joint venture
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The popular short-form video platform has been subject to years of scrutiny across the political aisle in the U.S. over its Chinese ownership.
TikTok deal timeline: Here's all you need to know from the ban first proposed by Donald Trump in 2020, to Congress action, and parent ByteDance forming a JV to sell TikTok's US unit in 2026 in line with the government deal.
TikTok deal: ByteDance finalizes agreement to hand off US operations to non-Chinese investors, avoiding ban - President Trump said he hoped he would be ‘remembered by those who use and love TikTok’ fo
TikTok finalized a deal that will spin-off its U.S. operations with the sign off of the Trump administration and the Chinese government as the social media app faced a U.S. ban.
Xiaomeng Lu of Eurasia Group discusses the implications of the TikTok deal for the trajectory of U.S.-China tech relations, and how this sets a precedent for Chinese companies looking to go global.
The U.S. and China have both signed off on TikTok’s long-awaited divestment deal, clearing way for the popular social media app’s future in the U.S., a White House official confirmed to Scripps News.
Just The News on MSN
US and China reach deal to create US TikTok backed by non-Chinese investors
The deal was initially teased last month but was finalized Thursday, just ahead of the deadline, and it ends a years-long battle over the future of the app in the United States.
TikTok users are embracing a new wellness trend that’s capturing attention: “Turning Chinese.” And don't worry, it's not about stereotypes — instead, it’s a lifestyle trend inspired by Chinese health and wellness practices that have taken the internet by storm.
With Chinese cars closing in on America, Washington might draw from China's own playbook to try to limit the threat to the U.S. domestic industry. Why it matters: China used to copy American cars. Now,