TikTok signs US deal with 3 investors
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American officials have previously warned that ByteDance’s algorithm is vulnerable to manipulation by Chinese authorities, who can use it to shape content on the platform in a way that’s difficult to detect.
The deal is set to close on January 22 after ByteDance signs binding agreements, with Oracle, Silver Lake and MGX each acquiring 15% stakes in TikTok’s US joint venture
President Trump on Thursday signed an executive order that would allow hugely popular social video app TikTok to continue to operate in the United States. TikTok's parent company, ByteDance, had been under pressure to divest its ownership in the app's U.S ...
ASHWAUBENON, Wis. (AP) — A Cinnabon worker in Wisconsin has been fired after a racist outburst directed at two customers went viral, the Georgia-based cinnamon roll chain said.