Summary
ByteDance, the company that owns TikTok, has made a deal with American and global investors to keep its business running in the United States. This follows pressure from the U.S. government to sell its operations due to national security concerns. It is not yet clear how this deal will affect TikTok users in the United States.
Key Facts
- ByteDance owns TikTok, a popular social media app.
- ByteDance made a deal with investors to operate TikTok in America.
- The U.S. government wanted ByteDance to sell TikTok's U.S. part due to security worries.
- TikTok's future user experience in the U.S. is not clear.
- The pressure came from Washington, D.C., which is the capital of the U.S.
