Finance
TikTok Ban Reversed: A $14 Billion Deal Rescues App
The U.S. ban on TikTok, enacted in January 2025, was lifted just one day later following a $14 billion deal. This agreement saw a consortium acquire an 80% stake in TikTok's U.S. operations, resolving years of national security concerns and legal battles. The deal allows the app to continue serving its 170 million American users.