TikTok’s US rescue deal redraws control lines

TikTok has locked in a long-negotiated US joint venture, handing 80.1% control to an American-led consortium and pulling the threat of a ban off the table.

The new structure values the US business at about $14 billion, keeps the app alive for more than 200 million users, and reshapes how data and the algorithm are governed.

What looks like a regulatory fix today could become the template that reshapes how global tech platforms operate tomorrow.