Trump plans to sign a TikTok deal on Thursday; source: TikTok US would be run by a new joint venture company, with ByteDance holding less than 20% of its stock (NBC News)
NBC News: Trump plans to sign a TikTok deal on Thursday; source: TikTok US would be run by a new joint venture company, with ByteDance holding less than 20% of its stock — This structure will comply with a bipartisan law passed in 2024 that sought to ban TikTok if the platform were not sold to U.S.-based owners this year.
NBC News:
Trump plans to sign a TikTok deal on Thursday; source: TikTok US would be run by a new joint venture company, with ByteDance holding less than 20% of its stock — This structure will comply with a bipartisan law passed in 2024 that sought to ban TikTok if the platform were not sold to U.S.-based owners this year.
