TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX —ensuring the popular social video platform can continue operating in the United States.
Trump signs executive order supporting proposed deal to put TikTok under US ownership
President Donald Trump has signed an executive order that he says will allow TikTok to continue operating in the United States in a way that meets national security concerns laid out by the law.
ByteDance founder Zhang Yiming tops China’s rich list
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year.
Racial justice, free speech groups join fight against potential TikTok ban
A dozen social and racial justice groups said Thursday that the federal effort to require a sale or ban of TikTok would suppress speech from minority communities by disrupting a critical tool many use to establish connections online and advocate for causes.