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

“The social video platform company signed agreements with major investors including Oracle, Silver Lake and the Emirati investment firm MGX to form the new TikTok U.S. joint venture” (AP). #smprofs #smle2027 #smc2027

apnews.com/article/tikt...