Businessweek Daily

Why TikTok’s Spinoff in the US Still Matters

Questions remain about how ongoing involvement from Chinese owner ByteDance could affect the app.

A deal selling parts of TikTok’s US business is expected to close soon.

Photographer: Long Wei/Getty Images

It’s been more than a year since TikTok was required by law to split from its Chinese ownership in the US or else be banned. The deadline kept being pushed off, but social media reporter Alexandra Levine writes today that the saga is wrapping up. Plus: Introducing a column by Derek Guy on why the US should follow Italy’s lead in making clothes, and why meteorologists are marveling at new AI weather models.

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