China's ByteDance agrees deal to hand control of TikTok US app to new joint venture
MSNDavid Shepardson
China's ByteDance agrees deal to hand control of TikTok US app to new joint venture
By David Shepardson WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, including Oracle, in a big step toward avoiding a U.S. ban and ending years of uncertainty. The deal is a milestone for the short ...
1 month ago
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