TikTok Launches U.S. Data Security Venture to Avert Ban
TikTok establishes U.S.-majority joint venture to manage data security and avoid ban, ensuring continued access for 200 million American users.
News & Insights Across Asia
TikTok establishes U.S.-majority joint venture to manage data security and avoid ban, ensuring continued access for 200 million American users.
China’s Ministry of Commerce investigates Meta’s acquisition of AI startup Manus, emphasizing compliance with export controls and data transfer regulations.
TikTok secures its U.S. operations through a new joint venture with Oracle, Silver Lake, and MGX, ensuring data security and continuity for 170 million American users. Deal set to close in January 2026.
Tesla has successfully passed four data security tests in China, leading to the lifting of certain restrictions on the automaker.
U.S. House passes bill demanding TikTok’s Chinese parent company ByteDance to sell the app or face a nationwide ban, citing data security concerns.