TikTok parent company ByteDance has signed a deal to spin off its US business that will be majority-owned by American ...

TikTok has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.

The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.

According to an internal company memo obtained by NPR, the Chinese-owned company has signed a deal to form a new  joint venture to run the app in the U.S.

Kato's song 'Turn the Lights Off' made it to the top of a Spotify chart thanks to a meme on TikTok featuring a Jon Hamm scene ...

TikTok has signed agreements with investors to establish a new U.S. joint venture, a move CEO Shou Chew said advances the ...

TikTok on Thursday signed a deal to spin off its U.S. business, bringing to a close a months-long saga to keep the popular ...