Social News: TikTok Strikes Deal for New U.S. Entity, Ending Legal Saga
TikTok said on Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok, concluding a six-year legal saga that saw the app banned by Congress. Investors including the software giant Oracle; MGX, an Emirati investment firm; and Silver …
Read the whole story at The New York Times.

