US President Donald Trump has authorised the continued operation of TikTok in the country following the signing of an executive order that mandates changes to the platform’s US operations and ownership. The new agreement requires TikTok’s US application to be managed by a newly established joint venture (JV) company headquartered in the US. The JV company will have a valuation of around $14bn, according to US Vice President JD Vance. Under this framework, US investors will hold a majority stake in the JV ...