Published: Dec 19, 2025, 11:04 IST | Updated: Dec 19, 2025, 11:04 IST
Tiktok’s Chinese owner, Bytedance, has signed binding agreements with major investors to create a new U.S-based joint venture to run TikTok’s American operations. The move is aimed at avoiding a U.S. Government ban that threatened to shut the app down unless Bytedance divested control.