Tiktok Updated Corporate Entity
9 hours agocongress passed, and the supreme court upheld, a 2024 law requiring tiktok’s divestment from bytedance, or a u.s. Ban, making corporate control and algorithm access central. 19 hours agotiktok has finalized a deal to create a new american entity, avoiding the looming threat of a ban in the u.s.
20 hours agothe joint venture, built on the foundation of the tiktok u.s. Data security (usds) organization, will operate as an independent entity governed by the following seven-member,. 20 hours agotiktok said thursday that it officially formed a joint venture that will keep the video-sharing app operating in the u.s.
21 hours agowho owns tiktok in the us now? Tiktok says the new joint venture will operate as an independent entity governed by a seven-member, majority-american board of directors. By associated press tiktok has finalized a deal to create a new american entity, avoiding the looming threat of a ban in the united.
20 hours agothe chinese parent company of the popular video app said a group of non-chinese investors would create an american tiktok to avoid a federal ban. 19 hours agobytedance finalized a deal spinning out tiktok’s u.s. 15 hours agotiktok finalizes a deal to form a new american entity social video platform company signed agreements with major investors including oracle, silver lake and mgx to form u.s.
