Here’s what you should know about the US TikTok deal
TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for years now due to concerns about user data potentially being accessed by the Chinese government. As a result, U.S. users have often found themselves caught in the middle of this tension. Last year, the app experienced a temporary outage in the U.S. that left millions of users in suspense before it was quickly restored. TikTok returned to the App Store and Google Play Store in February. A number of investors competed to purchase the app, and after Trump extended the TikTok ban deadline for the fourth time, the battle is finally over. As of December, TikTok officially signed a deal to divest a portion of its U.S. entity to a group of American investors. And now the deal is set…
