President Donald Trump on Thursday afternoon signed an executive order clearing the way for a deal to put TikTok in U.S. hands, with some of his closest billionaire allies poised to take the reins.

President Donald Trump will sign off on a deal later this week that will give greater control over TikTok’s U.S. algorithm to a consortium of American investors, a senior White House official told the ...

Algorithms, which are just sets of instructions expressed in code, are harder to restrict than physical goods. But governments, including the U.S., have long tried to prevent their export. The ...

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.