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Trump says China's Xi has approved of proposed deal putting TikTok under US ownership

President Trump has signed an executive order allowing TikTok to continue operating in the U.S. under new ownership, addressing national security concerns. A deal is in the works for a U.S. joint venture owned by American investors, including Oracle and Silver Lake Partners, with ByteDance retaining a minority stake. The algorithm will be retrained on U.S. data, aiming to prevent Chinese influence. This move could significantly impact how young adults consume online information, with potential questions arising about the platform's editorial policies under new American control.

Prepared by Lauren Mitchell and reviewed by editorial team.

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