Who controls TikTok’s US platform under new deal?
AI Summary
In January 2026, TikTok reached an agreement to launch an independent US entity, resolving years of scrutiny over data privacy concerns. The deal, involving investment companies, many of which are American, establishes a US version of TikTok to avoid a ban in the United States. This follows 2024 legislation that forced TikTok to divest from its Chinese parent company, ByteDance. The agreement was praised by President Trump, who delayed the ban when he assumed office in January 2025, and who touted his role in saving the platform. The new US TikTok entity will be controlled by American investors.
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