Here’s what’s happening right now with the US TikTok deal, including investors, ownership stakes, and what it means for users.
Matilda
US TikTok Deal: What’s Really Happening Right Now
Here’s What’s Happening Right Now With the US TikTok Deal Here’s what’s happening right now with the US TikTok deal: after years of political back-and-forth, major tech investors are finally closer to securing a deal that could reshape the app’s future in America. With ByteDance under pressure and U.S. lawmakers concerned about data security, the next few weeks could determine TikTok’s fate. Image Credits:OLIVIER DOULIERY / Contributor / Getty Images Why the US TikTok Deal Matters TikTok, owned by China’s ByteDance, has been under U.S. scrutiny for over four years. Lawmakers worry about how user data might be accessed and whether the Chinese government could influence the platform. This debate has left millions of American users uncertain about the app’s future. Earlier this year, TikTok even faced a temporary outage in the U.S., sparking confusion before quickly returning to the App Store and Google Play. These disruptions highlighted how deeply TikTok has become embedded in American soci…