Who owns TikTok now and how could it change for US users?

TikTok has successfully negotiated a deal that permits its continued operation in the United States, bringing relief to millions of users and creators who rely on the platform for entertainment and income. The agreement, which emerges from lengthy discussions with US regulators, aims to address ongoing concerns about data privacy and national security. While details of the deal remain under wraps, TikTok's parent company, ByteDance, retains ownership, ensuring that the platform's core features and user experience remain intact for now. Despite this resolution, the future of TikTok in the US still holds the potential for change. The deal reportedly includes provisions for increased transparency and oversight, potentially involving third-party audits and localized data storage solutions. These measures are designed to mitigate fears surrounding the handling of user data and to satisfy demands from US lawmakers for greater accountability. As these changes unfold, users may notice subtle shifts in how their data is managed and safeguarded. As TikTok navigates this new regulatory landscape, US users could experience enhancements in platform safety and data protection. However, the overarching user experience is expected to remain largely unchanged, allowing the app to continue its trajectory as a cultural phenomenon. The deal underscores the delicate balance between innovation and regulation, as TikTok seeks to maintain its vibrant community while adhering to evolving legal expectations. As the situation develops, users can anticipate a platform that is both secure and engaging.

— Authored by Next24 Live