ALBAWABA — TikTok's Chinese parent company, ByteDance, has struck a deal to establish a new U.S.-based joint venture. This new entity will have American partners holding a controlling stake, a move that effectively resolves years of political and legal turmoil surrounding the app's future in the U.S., and narrowly sidesteps a potential nationwide ban. The new TikTok entity will cater to over 200 million users and 7.5 million businesses in ...
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