TikTok Deal Reached to Spin Off US App
Introduction
After months of speculation and controversy, a deal has finally been reached to spin off the popular app TikTok in the United States. The Washington Post reported that a consortium of Trump-allied investors will partially own the American version of the app, effectively sidestepping a ban that the president has been pushing for. This deal has been eagerly awaited by users and investors alike, as the fate of the app has been uncertain for some time. Now, with the blessing of both Trump and Xi, it seems that TikTok will continue to thrive in the US.
Key Details
The deal was made possible by a group of investors, including Peter Thiel and Walmart, who will collectively own a 20% stake in the new company. This move was seen as a way to appease both the US and Chinese governments, as tensions between the two countries have been high. However, this deal also raises concerns about the potential influence of these Trump-allied investors on the app and its content. The new company will also have to navigate potential security concerns and comply with any future regulations imposed by the US government.
Impact
The spin-off of TikTok in the US is a significant development in the ongoing trade and political tensions between the US and China. It also highlights the power and influence of social media platforms and the role they play in global politics. With this deal
About the Organizations Mentioned
Walmart
Walmart, founded in 1962 by Sam Walton, has grown from a single discount store in Arkansas to become the world’s largest retailer, with a commanding presence in both physical and digital retail landscapes[3]. As of fiscal year 2025, Walmart operates over 10,750 stores and serves approximately 270 million customers each week across 19 countries, employing about 2.1 million associates worldwide[1][2][4]. The company reported $681 billion in revenue for 2025, reflecting a 5.1% increase from the previous year and an 8.6% rise in operating income, underscoring its robust financial health and ongoing expansion[1][4][6]. ## What Walmart Does Walmart is a leader in hypermarkets and discount retail, offering a vast range of products—from groceries and apparel to electronics and home goods—through its extensive network of physical stores, e-commerce platforms, and mobile apps[2][3]. Its business is organized into three main segments: Walmart U.S., Walmart International, and Sam’s Club, a members-only warehouse club[3][5]. The company’s mission—“to help people save money and live better”—drives its focus on everyday low prices, convenience, and customer-centric innovation[2][5]. ## History and Key Achievements Walmart’s journey from a single store to a global powerhouse is marked by relentless expansion, operational efficiency, and technological adoption[3]. Key milestones include the launch of Walmart Supercenters in the 1980s, international expansion beginning in the 1990s, and the rapid growth of its e-commerce business in the 2010s and beyond[3]. Today, online sales account for 18% of Walmart’s revenue, fueled by four consecutive quarters of 20% growth[1]. The company’s retail media network, Walmart Connect, has also surged, with ad revenue up 50% in a recent quarter
