Trump Delays TikTok Ban as US-China Deal Nears Completion
TL;DR
President Trump has extended the deadline to resolve TikTok's US ownership issue until December 16, as negotiations with China and potential US investors, including Oracle, progress towards a deal where TikTok's American operations would be spun off into a new company with reduced Chinese ownership, addressing national security concerns.
- Trump Delays TikTok Ban Again as a Deal Takes Shape The New York Times
- We now know who the new owners of TikTok will be - if Trump gets his deal done with Xi CNN
- U.S. Investors, Trump Close In on TikTok Deal With China The Wall Street Journal
- Beijing says TikTok’s US app will use Chinese algorithm Financial Times
- TikTok Buyers Group to Include Oracle, Silver Lake, Andreessen Bloomberg.com
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