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The TikTok Deal Is Done

TikTok has closed a joint-venture deal for its US business, handing over some operational control to an investor group.

TikTok’s US workers can finally breathe a sigh of relief.
The company announced Thursday that it has closed a deal to spin off parts of its US business in a new joint venture with an investor group.
Adam Presser is leading the new venture, according … [1401 chars]

Source: Business Insider | Published: 2026-01-23T00:25:29Z

Credit: Business Insider

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