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ID: 55347336 Video

Headline: ByteDance Signs Deal to Hand Majority of TikTok US to American and Global Investors

Caption:

TikTok's Chinese parent company ByteDance has signed binding agreements to sell a majority stake in TikTok's US business to American and global investors, according to a memo sent to employees by CEO Shou Zi Chew.

Keywords: Current affairs & Politics,ByteDance,TikTok US,majority stake sale,American investors,global investors,Oracle,Silver Lake,MGX,joint venture,national security,US regulation,Donald Trump,TikTok ban,user data,170 million users

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