Video-sharing app TikTok is reportedly conceding to U.S. officials as the Chinese-owned social media giant tries to avert being banned in America.
Citing people familiar with matter, the Wall Street Journal reported Monday that the platform — owned by China-based firm ByteDance — offered to increase its transparency by granting U.S. officials oversight of its algorithms as part of a $1.5 billion reorganization of its U.S. o
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