TikTok signs deal to create joint U.S venture

Resetting the clock. Big news for 136 million US users who can't help but scroll through Tik Tok. The yearslong battle over who will finally control this app has reached a conclusion as Bite Dance, the Chinese owner, signed a binding agreement now to hand over control of US operations to a group of American investors.Bite Dance was required to divest or face a ban in the US under a national security law upheld by the Supreme Court in January. Let's bring in CNBC senior media and tech correspondent Julia Bou ...