Trump signs executive order to keep app in US
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U.S. President Donald Trump will sign an executive order Thursday confirming that a deal to divest TikTok's U.S. operations from its Chinese owner ByteDance will meet the requirements set out in a 2024 law,
TikTok’s future in the U.S. is on more solid ground. President Donald Trump and Chinese President Xi Jinping advanced a plan that is understood to hand control of the app’s American business to U.S. investors while shrinking Chinese parent company ByteDance’s ownership.
5don MSN
Emerging TikTok deal with China ensures US control of board and crucial algorithm, White House says
An emerging TikTok deal with China will ensure that U.S. companies control the algorithm that powers the app's video feed and Americans will hold a majority of seats on a board overseeing U.S. operations.
TikTok has reached a preliminary deal to sell its U.S. operations to an American-based investor group, the White House said.