TikTok Finally Under New Ownership, Algorithm to Be ‘Leased’ From China

TikTok’s American spinoff, TikTok USDS Joint Venture LLC, has finally been established after years in limbo. TikTok users do not have to download a new app, and the coveted algorithm will stay. Designed to comply with the Foreign Adversary Controlled Applications Act, or the “TikTok ban,” the new joint venture will “retrain, test and update” … Continue reading TikTok Finally Under New Ownership, Algorithm to Be ‘Leased’ From China