TikTok launches U.S.-based entity to handle data and operations, addressing security concerns.

TikTok has finalized a deal to create a new American version of its app, establishing a U.S.-based entity to handle operations and data management amid ongoing regulatory scrutiny and national security concerns. The move aims to address government demands for greater data privacy and control, with the new structure expected to include enhanced oversight and compliance measures. The company says the change will ensure user data remains secure and compliant with U.S. laws.