TikTok, US
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The Trump-backed deal to “save” TikTok fails to address core national security concerns, according to some experts – and even top lawmakers seem to be in the dark about whether it complies with Congress’s law that stated the app would be banned if it remained in Chinese hands.
Trump has claimed the deal meets requirements for “qualified divestiture” to avoid a TikTok ban otherwise required under the Protecting Americans from Foreign Adversary Controlled Applications Act. However, questions remain, as lawmakers have not yet analyzed the terms of the deal to determine whether that’s true.
Sen. Ed Markey (D-Mass.) called for an investigation Friday into a deal that saw TikTok’s American business spun off into a separate entity in order to allow the app to continue operating in
Add Yahoo as a preferred source to see more of our stories on Google. Social media giant TikTok struck an agreement to put its U.S. operations under the majority control of U.S. investors, according to an internal memo sent by TikTok CEO Shou Chew and ...
TikTok has agreed to sell its U.S. operations to a group of American investors including Oracle, Silver Lake, and Abu Dhabi-based MGX in a deal backed by President Donald Trump that will allow the wildly popular video app to continue operating in the ...
Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in Fort Worth, Texas. Washington — TikTok has signed a deal ...
A deal to spin off TikTok's US business may finally be nearing the finish line. (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) (NurPhoto via Getty Images) Remember back in September when President Donald Trump signed an executive order ...