TikTok closes deal to split US app from global business. Here's what to know
TikTok finalised a deal allowing it to continue operating in the US after resolving ownership and investor agreements to address US national security concerns.
Trump extends TikTok ban deadline as details of potential deal leak
Wealthy Trump allies would gain majority ownership if TikTok's U.S. operations are sold, while China likely retains algorithmic technology and a minority stake.