Trump to Sign TikTok Deal Thursday Ceding Majority Control to US: Source
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Trump expected to sign a TikTok deal on Thursday
President Donald Trump on Thursday is expected to sign a deal to facilitate the sale of TikTok from a Chinese-based company to a group of American investors, two senior White House officials told NBC News. Members of the Trump administration have for days signaled that a deal was being finalized between Chinese and U.S. officials. A senior White House official confirmed to NBC News on Wednesday that once the deal is implemented, TikTok’s U.S. op…
Trump to sign TikTok deal Thursday ceding majority control to US: source
President Trump is expected to sign a deal Thursday that will give majority control of TikTok to a group of American investors and keep the app available to US users, a White House official told The Post.
Trump to Approve TikTok Deal Giving US Ownership: What to Know
The Trump administration is touting a deal that will prevent the popular social media app TikTok from going dark, while wrestling it from Chinese control. President Donald Trump is expected to sign an executive order this week that will give American investors and China-based ByteDance 120 more days to seek necessary regulatory approvals and close a deal. Here’s what to know: New Joint Venture Will Be Majority American Owned Senior White House o…
This week, the US government also said that Trump will declare an agreement to divest TikTok's US operations from its Chinese owner ByteDance, and that investors will include Oracle and Silver Lake.
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