@profitjumpstarter: TikTok has officially avoided a nationwide U.S. ban after its Chinese parent company, ByteDance, finalized a deal to form a U.S.-based joint venture that shifts majority ownership and control to American investors. Under the agreement, TikTok’s U.S. operations are now overseen by U.S.-controlled entities, with companies like Oracle playing a central role in data hosting, security, and oversight alongside other U.S. institutional partners. While the app remains live for millions, reports indicate some users are deleting their accounts amid lingering concerns around trust, control, and censorship. This deal represents a major win in tightening control over foreign-owned tech platforms and data security. For China, it marks a significant loss of influence over one of the world’s most powerful social media companies. TikTok may have avoided the ban—but the platform has fundamentally changed, and the global tech power shift is far from over. 🎥 @Firstpost #TikTokUpdate #USChinaRelations #TechPowerShift #DigitalPolicy #SocialMediaNews
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Region: CA
Friday 30 January 2026 17:26:02 GMT
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