
TikTok owner signs landmark deal to avert US ban
TikTok has avoided a US ban after owner ByteDance signed a binding deal with American and global investors, reshaping ownership and addressing national security concerns.
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

TikTok has avoided a US ban after owner ByteDance signed a binding deal with American and global investors, reshaping ownership and addressing national security concerns.

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