China's ByteDance says TikTok will be its subsidiary under deal with Trump
https://www.reuters.com/article/us-usa-china-tiktok-bytedance/chinas-bytedance-says-tiktok-will-be-its-subsidiary-under-deal-with-trump-idUSKCN26C021
China's ByteDance said on Monday that TikTok's global business will become its subsidiary, even as Oracle Corp and Walmart Inc said over the weekend that they and U.S. investors would own the majority of the video app following a deal with U.S. President Donald Trump's administration.