The U.S. venture will have a new, seven-member majority-American board of directors. It will also be subject to terms that “protect Americans’ data and U.S. national security.”
If it happens, the deal would mark the end of months of uncertainty about the fate of the popular video-sharing platform in the United States.
Much is still unknown about the actual deal in the works, but President Trump said at a White House signing ceremony Thursday that Chinese leader Xi Jinping has agreed to move forward with it.
Congress passed legislation calling for a TikTok ban to go into effect in January, but President Trump has repeatedly signed orders that have allowed it to keep operating in the United States.
Treasury Secretary Scott Bessent said President Donald Trump and Chinese Premier Xi Jinping would speak on Friday to possibly finalize the deal.
Numerous corporations, from United Airlines to Olive Garden, began posting orange hued memes on their own social media accounts soon after the new album was announced.
The exposure is also changing the game for trade schools and employers in such industries as manufacturing and construction, which have long struggled to attract workers.
Game 7 was the most-watched finals game internationally ever on NBA League Pass, the league said.
The decision to keep TikTok alive through an executive order has received some scrutiny, but it has not faced a legal challenge in court—unlike many of Trump’s other executive orders.
President Trump said he thinks China President Xi Jinping would “ultimately approve” a deal to divest TikTok’s business in the United States.
The Meta AI app includes a “discover” feed that lets users see how others are interacting with AI and a voice mode for interacting with the AI.
Meta CEO Mark Zuckerberg testified in federal court on Wednesday that he bought Instagram and WhatsApp because he saw value in the companies—not to take out competitors, as the FCC alleges.
The email was shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.
In federal court Monday, Meta CEO Mark Zuckerberg rejected the Federal Trade Commission’s claim that the social media giant maintains a monopoly.
The administration said it needs more time to broker a deal to bring the social media platform under American ownership.
Although it’s unclear if ByteDance plans to sell TikTok, several possible bidders have come forward in the past few months.
President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok.
Good Good Golf has attracted more than 1.75 million YouTube subscribers with videos of trick shots, challenges and other golf-themed programming.
Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan. 19.
Following two morning outages, a sustained outage that lasted at least an hour began at noon, with the heaviest disruptions occurring along the U.S. coasts.
