White House Approves TikTok Deal with U.S. Control and Security Measures
The US is negotiating a deal where ByteDance will create a copy of TikTok's algorithm, lease it to a US-controlled joint venture led by investors like Andreessen Horowitz, Silver Lake, and Oracle, allowing TikTok to operate in the US while addressing national security concerns. President Trump is expected to sign an executive order to approve this arrangement, extending the deadline for a final resolution to four more months.