TikTok US operations deal: China may have a 'surprise' for America
TikTok has struck a deal to spin off its US operations into a new joint venture with American investors, set to launch January 22. This move aims to avert a nationwide ban, with the new entity responsible for US data, algorithms, and content moderation. China has expressed hopes for a fair business environment for its companies in the US.
TikTok has struck a deal to spin off its US operations into a new joint venture with American investors, set to launch January 22. This move aims to avert a nationwide ban, with the new entity responsible for US data, algorithms, and content moderation. China has expressed hopes for a fair business environment for its companies in the US.
