TikTok finalizes deal to form new American entity

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years.

TikTok finalizes deal to form new American entity
The icon for the TikTok video sharing app is seen on a smartphone in Marple Township, Pa., Feb. 28, 2023.

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years.

(Image credit: Matt Slocum)

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