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ID: 55404890 Video

Headline: TikTok Strikes Deal to Avoid US Ban With American-Led Ownership

Caption:

TikTok's Chinese parent company, ByteDance, says it has finalized a deal to create a new joint venture that will place the app's US operations under majority American ownership, avoiding a potential nationwide ban.

Keywords: Current affairs & Politics,TikTok US deal,ByteDance,American-led ownership,US ban avoided,TikTok USDS joint venture,Donald Trump,Xi Jinping,Oracle,US user data security,national security concerns,American investors,200 million users

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