US EditionTikTok deal put on hold after China indicated it would reject deal over tariffs: Report
- President Trump delayed the potential TikTok ban in the US for a second time, extending the deadline.
- Trump's actions followed concerns about TikTok's ownership by ByteDance and potential data security risks.
- The executive order paused the ban for 75 days to allow deal negotiations for US ownership to continue.
- Trump stated, 'We look forward to working with TikTok and China,' but ByteDance said, 'no agreement has been reached'.
- The extension's implications include potential national security concerns if ByteDance retains control of the algorithm.
323 Articles
323 Articles
Trump Keeps TikTok Deal 'On the Table': Legal and Political Tensions Rise
Trump Keeps TikTok Deal 'On the Table': Legal and Political Tensions Rise President Donald Trump has reiterated that a potential deal to handle TikTok's U.S. assets is still open for negotiation, even after it faced delays and criticism from several U.S. Senators. Trump, addressing reporters from the Oval Office, emphasized the involvement of notable companies in the deal, highlighting its uncertain outcome due to ongoing trade tensions with Chi…
TikTok’s algorithm can’t be exported without China’s approval—putting U.S. sale in jeopardy - Tech Startups
TikTok’s future in the U.S. is once again up in the air. President Trump recently gave ByteDance an extra 75 days to finalize a deal to sell TikTok’s U.S. operations—an extension that came after negotiations reportedly stalled. Behind the scenes, […] The post TikTok’s algorithm can’t be exported without China’s approval—putting U.S. sale in jeopardy first appeared on Tech Startups.
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