Category: World News
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China’s ByteDance signs deal to form joint venture to operate TikTok US app
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TikTok’s Chinese parent company, ByteDance, has signed binding agreements with three major investors to sell just over 80% of its U.S. assets to American and global investors, according to TikTok CEO Shou Zi Chew. The move is aimed at avoiding a U.S. government ban on the popular video-sharing app. This agreement marks a significant step
