A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.

TikTok has closed a deal that will allow the hugely popular short-video app to continue operating in the US, it announced on Thursday. The deal comes after a years-long tussle between Washington and Beijing that began in Trump's first term in the White House when he tried unsuccessfully to ban the app over national security concerns.

ByteDance has closed a deal to form TikTok U.S., a joint venture that will be majority-owned by American investors — finally bringing the popular video app into compliance with a U.S. law that went into effect last year.

TikTok and its Chinese parent ByteDance Ltd. have closed a long-awaited deal to transfer parts of its US operations to American investors, securing the popular video app’s future in the US and avoiding a nationwide ban.

In a press release, TikTok said the new U.S. joint venture "will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation,

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the U.S. that has been in discussion for years.

TikTok has finalised a deal to allow its American business to continue, by creating a new US entity separate from its global operations, which are run out of China. Under the deal

TikTok has finalized a deal to create a new U.S.-based version of its app, forming a joint venture with American investors to avoid a potential nationwide ban.