2025 was also the year of flexing on TikTok. A trend that gained traction on the platform in late May, "Holy (freaking) airball" videos, showed users bragging about what they are known for or other random facts about themselves, whether it be a career, hobby or general achievement.

On the first TikTok Awards red carpet, attendees shared their concerns about the app following the agreement on the TikTok U.S. joint venture.

The content recommendation algorithm that powers the online short video platform TikTok has once again come under the spotlight after the app's Chinese owner ByteDance signed binding agreements to form a joint venture that will hand control of operations of TikTok's U.

The inaugural TikTok Awards became a reality on Thursday, Dec. 18 — passing out hardware to the most important folks on the incredibly popular platform.

The deal comes more than a year after Congress passed a law that forced its owner ByteDance to divest its US operations or face a ban.

Going forward, nearly half of the new entity, TikTok USDS Joint Venture LLC, will be controlled by investors including Oracle, Silver Lake and MGX. Current ByteDance investor affiliates will own around 30 percent, and ByteDance itself will control just under 20 percent.

Just before the event's red carpet kickoff at the Hollywood Palladium, news broke that the U.S. deal for TikTok is officially happening.

TikTok's new US joint venture will hand over national-security related tasks to its partners, while ByteDance holds onto key business lines.

Viral TikTok trend claims baby carrots before bed improve sleep, but experts tell Fox News Digital there's no scientific evidence supporting this.