President Joe Biden passed legislation this spring that would ban the distribution of TikTok in the U.S., if the app's parent company, ByteDance, doesn't sell it before Jan. 19, 2025. A federal ...
TikTok is owned by ByteDance, a private global company founded by Chinese entrepreneurs. According to TikTok, about 60% of the parent company is owned by global institutional investors, 20% by the ...
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