TikTok announced a long-awaited deal for a majority American-owned joint venture it said “will operate under defined safeguards that protect national security." ...
Some U.S. lawmakers on Friday said a deal by TikTok's Chinese owner ByteDance to establish a majority American-owned joint venture to avoid a U.S. ban on the social media app needs scrutiny from ...
TikTok’s new U.S.-controlled joint venture could determine whether the app survives in America and reshape how foreign-owned ...
The deal comes after years of battles that began when President Donald Trump tried unsuccessfully to ban the app over ...
TCL will hold a 51 percent stake, with Sony retaining 49 percent and contributing its audio and image processing technology.
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