TikTok parent ByteDance to keep 50% of profits after Trump-brokered sale of US division: report
PositiveU.S News

ByteDance, the parent company of TikTok, is set to retain 50% of the profits following a sale of its US division brokered by Trump. This deal allows ByteDance to benefit from both a licensing fee for TikTok's valuable algorithm and a profit share from its remaining stake in the US venture. This is significant as it highlights the ongoing value of TikTok's technology and the strategic financial maneuvers that can arise from high-stakes negotiations.
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