‘I am pleased to update you with some great news’: Read TikTok CEO’s internal memo to staff after US deal

TikTok has established a new US-based joint venture, TikTok USDS Joint Venture LLC, following its transition to American-led ownership to avert a nationwide ban. This move ensures continuity for its 200 million American users, with a majority American-owned entity operating under strict data and security safeguards. The platform's future success is now poised for growth.

‘I am pleased to update you with some great news’: Read TikTok CEO’s internal memo to staff after US deal
TikTok has established a new US-based joint venture, TikTok USDS Joint Venture LLC, following its transition to American-led ownership to avert a nationwide ban. This move ensures continuity for its 200 million American users, with a majority American-owned entity operating under strict data and security safeguards. The platform's future success is now poised for growth.