President Donald Trump has signed an executive order finalizing some of the terms of a deal to bring TikTok’s US business under American control. The new TikTok entity will be owned by a group of US-based investors, while ByteDance will maintain a smaller stake in the new company and keep the app’s algorithm.
TikTok has faced more than a year of uncertainty about its future in the United States since former President Joe Biden data-i13n=”cpos:1;pos:1″ href=”https://www.engadget.com/joe-biden-signs-the-bill-that-could-ban-tiktok-in-the-united-states-154106950.html” data-ylk=”slk:signed a law;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas” class=”link “>signed a law last year requiring ByteDance to sell TikTok or face a ban. In…

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