ByteDance has closed a deal to form TikTok U.S., a joint venture that is majority-owned by American investors - finally bringing the popular video app into compliance with a U.S. law that went into effect last year. In the U.S., more than 200 million individuals and 7.5 million businesses use the app, according to the [...]
Variety
TikTok U.S. Joint Venture Deal Closes, Former Warner Bros. Exec Adam Presser Named CEO
January 23, 2026
2 months ago
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