Summary
The United States and China agreed to let TikTok keep operating in the U.S. by forming a new company partly owned by U.S. investors. This agreement aims to ease national security concerns that previously caused discussions about banning the app.
Key Facts
- TikTok's future in the U.S. faced uncertainty over security concerns for almost six years.
- The U.S. and China created a joint venture to address these concerns.
- U.S. investors will have control over the new TikTok entity.
- This agreement allows over 200 million U.S. users to keep using TikTok.
- The debate focused on whether TikTok posed a risk to U.S. national security.
- The deal aims to satisfy political concerns in the U.S. regarding TikTok.
