TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the U.S. that has been in discussion for years.

The arrangement shifts U.S. data control and operations domestically to address national security concerns.

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to ...

TikTok is developing a new version of its app for U.S. users ahead of an expected sale of the app to a group of investors, according to a report from The Information. The company reportedly plans to ...