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TikTok’s US Joint Venture to Delegate National Security Roles to Partners, ByteDance Retains Control of Key Business Operations

A leaked memo reveals that TikTok’s new US joint venture will allocate responsibilities related to national security to its American partners. Meanwhile, ByteDance, the Chinese parent company, will maintain control over major business functions. This arrangement reflects a strategic division of duties aimed at addressing security concerns while keeping core business activities under ByteDance’s purview.

Business Insider
Business Insider