
What you need to know
- It's been announced that ByteDance, the parent company of TikTok, has reached an agreement with the U.S. Government to keep its services online for users.
- This agreement facilitates the creation of the TikTok USDS Joint Venture LLC, which will oversee U.S. operations, algorithm, user data, and more moving forward.
- However, there's still much to uncover, as U.S. Senator Edward J. Markey sounds the alarm over the deal's "lack of transparency."