TikTok Finalizes Deal With US to Avoid Ban
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TikTok finalized a deal that will spin-off its U.S. operations with the sign off of the Trump administration and the Chinese government as the social media app faced a U.S. ban.
WASHINGTON - The White House launched an official TikTok account on Aug. 19, taking advantage of the short video app's more than 170 million U.S. users to spread the messages of President Donald Trump. Trump has a soft spot for the popular app ...
A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform's U.S. business could have its valuation soar to upward of $60 billion. As TikTok's future remains uncertain,