TikTok owner signs landmark deal to avert US ban
TikTok has taken a decisive step towards securing its future in the United States after its Chinese owner, ByteDance, signed binding agreements with a group of US and international investors to operate the app’s American business. In a memo to staff on Thursday, TikTok’s chief executive, Shou Zi Chew, confirmed that the deal will see a new joint venture take control of the platform’s US operations, bringing to an end years of political uncertainty and...










