Dec. 19, 2025, 12:10 a.m.
ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture
Under the deal, the U.S. version of TikTok will become majority-owned by American investors, satisfying the core requirement of a bipartisan law passed by Congress in 2024 that sought to address national security concerns tied to the app's Chinese ownership.
ByteDance Signs Binding Deal To Spin Off TikTok US Into Majority-American Joint Venture
Under the deal, the U.S. version of TikTok will become majority-owned by American investors, satisfying the core requirement of a bipartisan law passed by Congress in 2024 that sought to address national security concerns tied to the app's Chinese ownership.