Under the current proposal, TikTok US would pay ByteDance a hefty licensing fee on the revenue it takes in for use of its algorithm, the technology at the heart of its business credited with making the service addictive. (Source: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump, according to people familiar with the matter.

ByteDance Ltd. is expected to receive a licensing fee on all revenue generated from making its algorithm available to the US operating entity as well as a share of the profit in proportion to its equity stake, said the peo

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