Deal to secure TikTok’s future in the US has finally closed
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TikTok, U.S. Government reached a deal to keep the app's services online for users, as both agreed on a Joint Venture LLC.
After a long legal saga, TikTok has established a majority American-owned joint venture to operate its US business, deflecting the threat of a ban over its Chinese ownership. Here is a look at the potential consequences of the deal -- if any -- for users and beyond: Whether the 200 million users in the United States will notice any difference in their online experience remains unclear.
The changes came after the app’s Chinese parent company spun out an American entity to run TikTok in the United States.
In January 2025, the prevailing thought in Washington was that President Donald Trump‘s push to broker a deal to keep TikTok operating in the United States was nothing more than a pipe dream. The president himself had explored banning the app during his first term,
Video-sharing platform TikTok has over a billion users worldwide, including more than 170 million in the United States, it says -- nearly half the country's population.The platform has faced scrutiny worldwide,
Chinese firms must contend with geopolitical tensions and mistrust to do business in the United States. Some are choosing to avoid the U.S. altogether.
The United States and China have signed off on a deal that would hand control of TikTok’s U.S. operations to a group of investors backed by the Trump administration, according to a White House official.
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TikTok will be saved from ban by new agreement for the US
A new U.S.-led joint venture reshapes TikTok’s ownership structure, addressing security concerns while redefining its financial and operational future.