TikTok reached a deal with a group of investors to form a new joint venture for its US business, according to an internal memo viewed by Business Insider. The deal comes more than a year after Congress passed a law that forced its owner, ByteDance, to divest from its US operations or face a ban, because TikTok was deemed a "foreign adversary-controlled" company.The new US joint venture will operate independently in areas like US data protection and training its content recommendation algorithm while still ...