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The groundbreaking deal puts an end to months of legal limbo after US officials branded the app a huge security concern TRUMPTOK Trump signs TikTok deal to transfer ownership to US as China’s Xi ‘agrees to deal’ after ‘very good talk’ DONALD Trump has signed an executive order laying the groundwork for China to hand over TikTok to US owners following "very good talks" with Xi...

Continue Reading on https://www.thesun.co.uk/

Donald Trump signed an executive order on Thursday outlining the terms of a deal to transfer TikTok to a US owner. Trump said he and China’s president Xi Jinping had come to an agreement to allow TikTok to continue operating in the US, separating the social media platform from its Chinese owner ByteDance. Trump said the deal complies with a law that would have forced the shutdown of the app...

Continue Reading on https://www.theguardian.com/

The White House has confirmed a deal to transfer ownership of TikTok to a group of US investors. Donald Trump signed an executive order on Thursday that creates a structure for the investors to take over operations of the Chinese social media company in the US. White House officials have said the US business software company Oracle will license a copy of TikTok’s recommendation algorithm as...

Continue Reading on https://www.theguardian.com/

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