#bytedance-ownership

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Tech industry
fromBusiness Insider
2 days ago

TikTok is splitting its US staff into different companies as it prepares for a sale

TikTok splits its US operations; some US staff join a US joint venture, while others remain with a ByteDance-owned global commerce and services entity.
#tiktok-sale
US politics
fromSan Jose Spotlight
3 months ago

The White House says TikTok will be sold to a U.S. joint venture - San Jose Spotlight

TikTok ownership will transfer to a U.S. joint venture, reducing ByteDance's stake below 20% to comply with a 2024 U.S. law.
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