Two important details emerged last night regarding the TikTok US agreement.
After cross-verifying information from various authoritative sources, I’ve identified some key points of the proposal.
Two key facts can be summarized:
1. China and ByteDance have maintained TikTok’s operations in the US and have not sold off TikTok’s US operations.
Why do I say this?
According to the key points of the proposal revealed by Shen Yi, the TikTok deal involves two key US entities: ByteDance TikTok US (hereinafter referred to as “BD TikTok US”) and TikTok US Data Security (hereinafter referred to as “TikTok USDS”).
In the past, whether in the media or on social media, people often discussed “TikTok US operations” in general terms. However, it’s often unclear whether “TikTok US operations” encompasses multiple entities, with the two mentioned above being the most important. To understand this proposed deal, it’s necessary to first distinguish between these two entities.
So, what are the differences between these two companies?
In short, after the signing and implementation of the agreement, “TikTok US Business” will be operated separately by these two companies. Businesses such as…