Up until now, ByteDance had been looking to retain a minority stake in the US TikTok business, but now theyve agreed to exit completely, and Microsoft would take over TikTok in the United States. Apparently some US based ByteDance investors would be able to acquire minority stakes in the business. In another interesting turn, however, the Reuters report goes on to say: Under ByteDances new proposal, Microsoft will be in charge of protecting all U.S. user data, the sources said. The plan allows...

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