ByteDance and Microsoft offer deal to allow TikTok to remain in the U.S., per report

Found 13 days ago at TechCrunch

Allegedly, ByteDance had previously sought a deal that would allow the company to retain a minority stake in the company. That plan was apparently recently abandoned after the White House rejected the proposal. Under this new deal, Microsoft would be in charge of protecting U.S. based users data, and another U.S. based company would be allowed to operate TikTok . Its unclear if this deal would...

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