The deal underscores heightened US-China technology tensions, with ByteDance retaining about 50% of TikTok US profits amid concerns over data security and foreign influence in digital media.
ByteDance will reportedly retain around 50% of TikTok’s U.S. profits under a deal associated with former President Donald Trump. While ownership changes are expected, the arrangement allows the Chinese tech firm to maintain a significant revenue share. The development highlights ongoing U.S.-China tensions over technology, with particular scrutiny on data security and foreign influence in the American digital media sector.