Business & Economy3 stories
TikTok has finalized a deal to separate its US operations from its global business, which concludes a multi-year dispute between Washington and Beijing over national security concerns. This deal allows the popular app to continue operating in the United States, securing its future for its 200 million American users as a new entity takes over operations. In separate regulatory action, social media companies are complying with Australia's landmark ban preventing users under 16 from having accounts. According to Australia's eSafety Commissioner Julie Inman Grant, the policy was implemented in December. The move has already resulted in the shutdown of 4.7 million child accounts.
