NEW YORK - TikTok’s Chinese parent company, ByteDance, has just spun out an American venture to operate the popular video application in the United States. The deal, announced on Thursday, is part of an effort to comply with a 2024 federal law that aimed to separate TikTok from ByteDance to address national security concerns over the app’s ties to Beijing.

Wall Street has viewed Oracle Corporation (NYSE: ORCL) with a volatile mix of optimism and anxiety in recent weeks. The company’s aggressive spending on AI data centers has spooked some debt investors,

One TikTok isn’t enough. Instagram needs a TikTok (Reels). YouTube needs a TikTok (Shorts). LinkedIn needs a TikTok (without a fun name). So, of course, OpenAI needs a TikTok, too — but, it seems, with even more AI slop than you can possibly imagine.

TikTok remained the second-most-downloaded app in the United States in 2025 despite facing years of political scrutiny and a near-ban over its Chinese ownership, according to the latest data from Sensor Tower.

The company behind ChatGPT described the release of Sora 2 as a major leap forward in artificial intelligence's ability to create realistic video - Copyright AFP ...

A TikTok sale concludes a years-long geopolitical and regulatory tug-of-war that, for half a decade, has threatened to shut down TikTok in the US over national security concerns.

TikTok has closed a deal that will allow the hugely popular short-video app to continue operating in the US, it announced on Thursday. The deal comes after a years-long tussle between Washington and Beijing that began in Trump's first term in the White House when he tried unsuccessfully to ban the app over national security concerns.