TikTok’s future in the US has been hanging by a thread, caught between national security concerns, political battles, and calls for divestment. Now, ByteDance has unveiled a plan: a US-based joint venture with American and global investors, keeping only a minority stake for itself. Oracle will oversee data security, and TikTok says the new structure will operate independently.

But does this deal really address the underlying security and governance concerns? Can TikTok stay under US oversight without compromise and what does it mean for the millions of Americans using the app every day?

On The Big Story, Hongbin Jeong speaks with Cedomir Nestorovic, Professor of Geopolitics at ESSEC Business School, Asia-Pacific, to find out what this deal could mean for TikTok, its users, and the broader US-China tech landscape.