FRANCE 24 English TikTok’s US business becomes new American-owned venture to avoid ban • FRANCE 24 English

TikTok is officially restructuring its US operations. A new majority-American-owned joint-venture is taking over the company’s US business, just in time to avoid a ban targeting the app. President Donald Trump praised the deal in a Truth Social post, thanking Chinese leader Xi Jinping specifically “for working with us and, ultimately, approving the Deal.”
#tiktok #us #trump
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