TikTok finalizes deal to avoid US ban, ending a long legal saga
Posted on : 23 Jan 2026 | By : David McCabe,Emmett Lindner
TikTok finalizes deal to avoid US ban, ending a long...
TikTok said Thursday that its Chinese owner, ByteDance, had struck a deal with a group of non-Chinese investors to create a new U.S. TikTok, concluding a six-year legal saga that saw the app banned by Congress, ensnared in politicking between global superpowers and forced into a 14-hour blackout in the United States. Investors including software giant Oracle; MGX, an Emirati investment firm; and Si ...