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Following months of negotiations, President Trump has signed an executive order for the US to take over ownership of TikTok from the Chinese company ByteDance.
On Thursday, Trump signed the order, which calls for a joint venture based in the US to run TikTok, including the video-sharing app’s algorithms and content moderation.
The joint venture will be “majority-owned and controlled by United States persons and will no longer be controlled by any foreign adversary,” the order…
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Following months of negotiations, President Trump has signed an executive order for the US to take over ownership of TikTok from the Chinese company ByteDance.
On Thursday, Trump signed the order, which calls for a joint venture based in the US to run TikTok, including the video-sharing app’s algorithms and content moderation.
The joint venture will be “majority-owned and controlled by United States persons and will no longer be controlled by any foreign adversary,” the order…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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