TikTok reaches agreements on new US joint venture with closing set for 2026 65.8%
Fox Business - By Greg Wehner - 12/18/2025, 11:17 PM
TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the transaction set to close Jan. 22, 2026. In an internal memo provided to FOX Business, CEO Shou Chew told employees the company has signed... more