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Technology

TikTok closes deal to split US app from global business. Here's what to know

TikTok has finalized a deal to separate its US operations from its global business, allowing the app to continue functioning in the United States. This agreement follows years of negotiations and concerns over national security, dating back to attempts by the Trump administration to ban the app. The deal prevents a potential ban scheduled for January 2025 if TikTok's Chinese parent company, ByteDance, did not divest its US operations.

The TikTok logo on a smartphone screen with US and Chinese flags in the background

The TikTok logo on a smartphone screen with US and Chinese flags in the background

Credit: Co

Key Highlights

  • TikTok has finalized a deal to split its US app from its global business.
  • The deal follows a long-standing conflict between the US and China regarding national security.
  • Originally, TikTok faced a potential ban in the US by January 2025.
  • The Trump administration attempted to ban TikTok over security concerns but postponed enforcement.
  • The successful deal allows TikTok to continue operating in the US without interruption.
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Sources

  1. TikTok closes deal to split US app from global business. Here's what to know

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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