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To avoid US TikTok ban, ByteDance forms joint venture transferring control to American investors

ADMIN

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l_640300_010139_updates.jpg To avoid US TikTok ban, ByteDance forms joint venture transferring control to American investors

Chinese tech giant ByteDance has sealed the deal, constituting a joint venture to avoid facing a TikTok ban in the US.

The TikTok-parent company signed binding agreements to establish...

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