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According to Trump, the deal ensures that TikTok complies with the divest-or-ban law, but the White House is still not providing more details. Instead, the Trump administration “referred questions about the deal to TikTok,” Reuters reported.
If the deal closes as expected on January 22, the new US company will have an estimated value of $14 billion, Vice President JD Vance noted in September.
At that point, the deal will likely face mounting scrutiny from lawmakers, including…
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According to Trump, the deal ensures that TikTok complies with the divest-or-ban law, but the White House is still not providing more details. Instead, the Trump administration “referred questions about the deal to TikTok,” Reuters reported.
If the deal closes as expected on January 22, the new US company will have an estimated value of $14 billion, Vice President JD Vance noted in September.
At that point, the deal will likely face mounting scrutiny from lawmakers, including…
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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