Trump Signs Executive Order to Facilitate TikTok's U.S. Ownership Deal

1 min read
Source: AP News
Trump Signs Executive Order to Facilitate TikTok's U.S. Ownership Deal
Photo: AP News
TL;DR

President Trump signed an executive order allowing TikTok to operate in the US under a new deal approved by China's Xi Jinping, involving a US-controlled joint venture with American investors like Oracle and Silver Lake Partners, aiming to address national security concerns while maintaining TikTok's popularity among young Americans.

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