TikTok is here to stay
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 23 January 2026
⏱️ 8 minutes
🧾️ Download transcript
Summary
TikTok says it has formed a joint venture for U.S. operations with majority American ownership. The deal is intended to address national security concerns that led to a law that would have banned the app. Then, the world is now holding more gold than U.S. bonds. Is this a sign of changing times? And later, we discuss Americans’ savings rate and the impact of the upcoming cold snap on spending.
Transcript
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| 0:00.0 | At Pluralsight, we don't just teach skills. |
| 0:02.8 | We are building the tech workforce, who deliver results fast, accelerated by top-tier content. |
| 0:08.6 | Lead with confidence, lead with expertise. |
| 0:11.1 | Visit us at Pluralsight.com to tap in and learn more. |
| 0:16.4 | TikTok finally has a deal to let it stay in the U.S. |
| 0:22.3 | From Marketplace, I'm Sabri Beneshore, in for David Brancaccio. |
| 0:25.7 | TikTok says it has formed a joint venture for U.S. operations with majority American ownership. |
| 0:32.2 | The deal is intended to address national security concerns that led to a law that would have banned the app. |
| 0:37.3 | Marketplace's Nancy Marshall-Genzor joins us with the details. |
| 0:40.4 | Hi, Nancy. |
| 0:41.3 | Good morning. |
| 0:42.2 | So how will this new arrangement work? |
| 0:44.3 | And how does it address the alleged national security concerns that led President Trump to try and ban TikTok during his first term? |
| 0:52.0 | Well, in his social media post last night, President Trump said TikTok will now be owned by, quote, |
| 0:59.0 | a group of great American patriots and investors. |
| 1:02.6 | Now, three managing investors will each hold a 15% stake in the joint venture, |
| 1:08.0 | but only two of them are American, and the Chinese company |
| 1:11.5 | Bite Dance, which created TikTok, will retain a nearly 20% stake, Sabri. You remember, of course, |
| 1:18.6 | Congress passed a law in 2024 requiring Bite Dance to sell its U.S. operations or be banned here. |
| 1:25.7 | Yeah, there were concerns that TikTok could be forced to share user data with Beijing or use its |
| 1:32.4 | algorithm to push Chinese propaganda. |
| 1:34.2 | Do we know who has ownership of that algorithm under this agreement? |
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