TikTok will continue operating in the United States after US President Donald Trump approved a deal making its US business majority American-owned. The agreement means ByteDance, the app’s Chinese parent company, and other Chinese investors will reduce their stake to below 20%. American investors will control TikTok’s US operations, including its algorithm, in line with a national security law. The move is meant to ease concerns in Washington that Beijing could use the platform to spread propaganda.
