NBC News:

Trump plans to sign a TikTok deal on Thursday; source: TikTok US would be run by a new joint venture company, with ByteDance holding less than 20% of its stock  —  This structure will comply with a bipartisan law passed in 2024 that sought to ban TikTok if the platform were not sold to U.S.-based owners this year.

NBC News:

Trump plans to sign a TikTok deal on Thursday; source: TikTok US would be run by a new joint venture company, with ByteDance holding less than 20% of its stock  —  This structure will comply with a bipartisan law passed in 2024 that sought to ban TikTok if the platform were not sold to U.S.-based owners this year.

Source: TechMeme
Source Link: http://www.techmeme.com/250924/p35#a250924p35