TikTok seals deal for new US joint venture to avoid American ban
By David Shepardson WASHINGTON, Jan 22 (Reuters) – TikTok’s Chinese owner, ByteDance, on Thursday said it has finalized a deal to establish a majority American-owned joint venture that will secure U.S. data, to avoid a U.S. ban on the short video app used by over 200 million Americans. The deal is a milestone for the…
