TikTok says it signed agreements for new US joint venture #shorts #tiktok #politics

Breaking news this evening. A major development regarding Tik Tok. Yeah.The company telling employees in a memo today. The social media app's parent company Bite Dance has signed a series of binding agreements to create a US joint venture that will be majority owned by American investors. Tik Tok CEO telling employees, quote, "Tik Tok Global's US entities will manage global product interoperability and certain commercial activities including e-commerce, advertising, and marketing." Chef, what does this mean ...