TikTok has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.
In September, President Donald Trump signed an executive order extending the TikTok ban through Jan. 23, 2026.
Once portrayed as nothing more than a dance app for kids, TikTok is under renewed federal scrutiny over its possible implications for national security. The White House on Monday moved to ban the ...
President Joe Biden enacted a $95 billion national security package on Wednesday, which includes a provision to ban TikTok in the United States if China-based parent company ByteDance fails to divest ...
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