US President Trump says US has a buyer for TikTok

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President Donald Trump said on Tuesday that the US and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its US assets to US owners from China’s ByteDance, potentially resolving a saga that has lingered for nearly a year.

A deal on the popular social media app, which counts 170 million US users, stands as a breakthrough in months-long talks between the world’s No. 1 and No. 2 economies that have sought to defuse a wide-ranging trade war that has unnerved global markets. Trump did not announce…



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US President Trump says US has a buyer for TikTok


President Donald Trump said on Tuesday that the US and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its US assets to US owners from China’s ByteDance, potentially resolving a saga that has lingered for nearly a year.

A deal on the popular social media app, which counts 170 million US users, stands as a breakthrough in months-long talks between the world’s No. 1 and No. 2 economies that have sought to defuse a wide-ranging trade war that has unnerved global markets. Trump did not announce…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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