TikTok’s Chinese owner is poised to keep roughly half the profits from the app’s US business — even after ceding majority ownership to US investors under a deal pushed by President Trump, according to ...

Catherine Thorbecke is a Bloomberg Opinion columnist covering Asia tech. Previously she was a tech reporter at CNN and ABC News. ByteDance Ltd. is best known abroad as the embattled parent of TikTok.

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...

TikTok signed a joint venture deal that allows it to continue operating in the US, avoiding a ban threat over its Chinese ...