ByteDance, the Chinese parent company of the social media platform TikTok, has reportedly reached an agreement with US and international investors regarding the operation of its business within the United States. This information was communicated to employees by TikTok's chief executive on Thursday.
This development occurs amidst ongoing pressure from the US government for ByteDance to divest its American operations, citing national security concerns. The specific implications of this agreement for the experience of TikTok users in the US have not yet been detailed.