TikTok finalizes deal to create new US entity and avoid ban
The deal ends a six-year long political saga that that started in 2020 when President Donald Trump tried to ban the app over national security concerns during his first term.
Last updated: 2026-01-24 05:32:53 ET
The deal ends a six-year long political saga that that started in 2020 when President Donald Trump tried to ban the app over national security concerns during his first term.
TikTok reached a final agreement Thursday for a mostly American investment group to control the popular app after U.S. officials had threatened to ban...
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years.
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.