TikTok Finalizes Deal to Keep Operating in the U.S.

TikTok officially established a joint venture that would allow it to keep operating in the U.S., the company said Thursday, resolving a yearslong fight to address Washington’s national-security concerns.

Under the terms of the deal negotiated by the Trump administration, the popular video-sharing app will be operated by a new U.S. entity controlled by investors seen as friendly to the U.S. Its data-management and algorithm-training on American users will be overseen by Oracle, the cloud-computing giant that has safeguarded its U.S. data for years and has close ties to the Trump administration.