TikTok has reached an agreement to establish a new American entity, effectively sidestepping a potential ban in the United States. The company partnered with major investors, including Oracle, Silver Lake, and MGX, to create a joint venture that will implement strict safeguards for national security, data protection, and content moderation. American users will continue to access the app without interruption. President Donald Trump publicly praised the deal and acknowledged the cooperation of Chinese leadership, while the Chinese government has yet to issue an official response.