The deal to keep TikTok in the US is now finalized – here are 5 things you need to know

• TikTok has finalized a deal to keep operating in the US
• Original owner ByteDance retains a 19.9% share
• The TikTok algorithm will be retrained for users in the US

It's been a long time coming, but TikTok has now officially completed the process of spinning off its US operations, which means the video-based social media app will continue to remain accessible to hundreds of millions of users in the United States.

Reports last month suggested a deal might be done in January, and now here we are. Chinese TikTok owner ByteDance has a minority 19.9% share in the new American-owned venture that controls US TikTok, with other investment coming from companies including Oracle, Silver Lake, and MGX.

In a press release, TikTok said the deal will enable "more than 200 million Americans and 7.5 million businesses to continue to discover, create, and thrive as part of ...