A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
The US and TikTok formally closed the technology standoff of the decade finalizing the creation of TikTok US Data Security Joint Venture LLC.
TikTok has finalized a deal to create a new American version of the app, avoiding the looming threat of a ban in the U.S. that has been in discussion for years.