TikTok has reached an agreement to transfer control of its US business operations to a group of American investors marking a significant development in the long-running dispute between US authorities and ByteDance. The deal which follows extensive negotiations will establish a new entity that will oversee TikTok operations in the United States with American investors holding majority control. This arrangement aims to address national security concerns raised by US officials regarding data privacy and Chinese influence over the platform. The agreement represents a compromise that allows TikTok to continue operating in the US market while satisfying regulatory requirements for separation from its Chinese parent company. The structure of the deal includes provisions for data security content moderation and algorithm oversight that will be managed by the US-based entity. This development concludes a protracted saga that saw multiple executive orders legal challenges and negotiations between TikTok ByteDance and US government representatives.

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