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TikTok agrees to deal to cede control of U.S. business to American investor group

The deal closes a long-running drama in which U.S. authorities have sought to compel ByteDance to divest.

TikTok has reached a deal to cede a substantial portion of its U.S. operation to a group of American investors, thus ending a years-long tussle in which the federal government has sought to force the platform to do just that.
The new partnership is d… [1649 chars]

Source: TechCrunch | Published: 2025-12-19T00:56:44Z

Credit: TechCrunch

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