ByteDance, the China-based parent company of TikTok, has finalized a long-anticipated agreement to restructure the app’s U.S. operations through a new joint venture that will be majority owned by ...
The deal, first announced in December, transfers control of TikTok's US operations to a new entity majority-owned by American investors, including cloud-computing giant Oracle, private-equity firm ...
TikTok finalizes historic deal creating majority American-owned joint venture structure, aiming to avert potential U.S. ban affecting 200 million users nationwide.
The deal is in response to a law passed in the U.S. in April 2024 that required TikTok to be sold to a U.S. owner by Jan. 19, 2025, or the platform would be banned. Last year, Trump delayed the ban ...
TikTok has received final approval for a new structure in the United States. The completion of TikTok USDS Joint Venture LLC brings an end to years of ...
G-SHOCK and Ghost in the Shell collaborate on a DW‑5600 watch The watch features a black case, franchise logo and Motoko Kusanagi backlight silhouette Releasing March 2026 in Japan, timed with the ...
Building on the momentum of the Nike Mind 001 debut earlier this month, Nike is expanding the lineup for spring with a new “Mineral Slate” colorway. This latest iteration shifts the model away from ...
TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership. The video-sharing app ...
Tiffany Wilding, Economist at PIMCO, examines how AI adoption and US policy shifts are driving a “K-shaped” economy, with ...