TikTok Reaches Deal With US Investors
Digest more
The deal won't do "a thing to protect the privacy of American users," said Senate Democrat Ron Wyden of Oregon, who voted against the 2024 bill. "It's unclear that it will even put TikTok's algorithm in safer hands."
TikTok, which is owned by China’s ByteDance, has inked an agreement to sell a majority of its US business to three investors. The deal, which is slated to close on January 22, 2026, brings to an end years of contentious back-and-forth between the United States and China over control of TikTok.
The deal “marks the end of years of uncertainty” about TikTok’s fate in the U.S., The Associated Press said. Congress passed a law that “would ban TikTok in the U.S. if it did not find a new owner,” but after the platform briefly went dark in January,
TikTok's CEO informed staff members on Thursday that ByteDance, the company's Chinese owner, has entered into legally binding contracts with
PORTLAND, Ore. (KOIN) — A Hillsboro man was sentenced to 20 years in prison after sexually exploiting a child online, authorities said. Jorge Rosales, 29, met a young child online who lived outside the U.S. via the social media app Musical.ly, which ...
Under the terms, TikTok's recommendation algorithm is set to be retrained on American user data to ensure feeds are free from outside manipulation. "It's unclear that it will even put TikTok's algorithm in safer hands," said Sen Wyden.