Korea Joongang Daily
Korea JoongAng Daily

TikTok seals deal for new U.S. joint venture to avoid ban

TikTok's Chinese owner, ByteDance, on Thursday said that it has finalized a deal to establish a majority U.S.-owned joint venture that will secure U.S. data to avoid a U.S. ban on the short video app used by over 200 million Americans.

2026-01-23

TikTok to sell U.S. unit to investors, including Oracle and Silver Lake, to meet operation requirements

TikTok has signed a deal to sell its U.S. business to three U.S. investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the United States.

2025-12-19

Australia social media ban to take effect, sparking global crackdown

Australia is set to become the first country to implement a minimum age for social media use on Wednesday, marking the beginning of an expected global wave of regulation.

2025-12-09

APR's founder sees the beauty sector differently, from leaning into devices to viral marketing himself

Kim Byung-hoon, the chief executive of APR, took a leap of faith by going all-in on skincare devices, and sent his company soaring to new heights — heights that include viral marketing with the likes of Kylie Jenner and Hailey Bieber.

2025-12-05

TikTok names former Boeing exec as U.S. public policy chief

TikTok said Tuesday it had named former Boeing government affairs chief Ziad Ojakli as the short video app's head of public policy for the Americas as it works to complete a deal to separate its U.S. assets from its parent company.

2025-11-26

French court probes TikTok on algorithms' risks regarding suicide

French judicial authorities said on Tuesday they had opened an investigation into Chinese social media platform TikTok and the risks that its algorithms could push young people to suicide.

2025-11-05

TikTok highlights global impact of K-culture at APEC CEO Summit

A senior executive at TikTok Inc. said Thursday that Korean culture, including K-pop, food and beauty, has become a powerful driver of global economic and cultural exchange, citing its growing popularity on the company's platform.

2025-10-30

White House says deal to put TikTok under U.S. ownership could be finalized in Korea

The Trump administration has been signaling that it may have finally reached a deal with China to keep TikTok running in the United States, with the two countries finalizing it as soon as Thursday.

2025-10-30

Second annual TikTok Awards celebrates Amy Flamy, si-ne and more

TikTok held the second annual TikTok Awards on Saturday at Korea University’s Hwajeong Gymnasium, drawing 500 creators and 2,500 fans. The show, which was live-streamed worldwide, honored winners across 20 categories.

2025-10-27

Trump signs executive order supporting proposed deal to put TikTok under U.S. ownership

President Donald Trump signed an executive order Thursday that he says will allow TikTok to continue operating in the United States in a way that meets national security concerns.

2025-09-26