TikTok Strikes Deal To Stay Active In U.S., Ending Years-Long Battle Over Chinese Ownership

Strong Bearish -100.0
Chinese tech giant ByteDance has reached a deal over ownership of TikTok for the social media platform to stay active in the United States. TikTok announced the deal on Thursday evening after a six-year campaign to ban the app under Chinese ownership from the United States. Congress passed legislation over a year ago that could ...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.