ByteDance expected to play big role in new US TikTok, sources say
Published on: Sept. 26, 2025, 8:21 p.m. | Source: The Economic Times
ByteDance will be maintaining ownership of TikTok's US business operations and will cede control of the app's data, content and algorithm to the newly formed joint venture, the sources said. The new details about the ownership structure may raise questions in Congress and among critics about whether the deal approved by Trump represents a qualified divestiture of all of TikTok's US assets as required under a 2024 law, which required ByteDance to divest its US operations or face a ban.
