TikTok owner ByteDance signs binding deal to create new U.S. joint venture
TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as agreed to in a deal with the Trump administration. That deal means the U.S. version of…
bubmagDecember 19, 2025