ByteDance and investors will have 120 days to close a deal that gives Oracle control of TikTok’s US algorithm.
The U.S. flag and TikTok logo are seen in this illustration taken Jan. 8, 2025. Reuters/Dado Ruvic/Illustration/File Photo
|Updated:
The Trump administration is touting a deal that will prevent the popular social media app TikTok from going dark, while wrestling it from Chinese control.
President Donald Trump is expected to sign an executive order this week that will give American investors and China-based ByteDance 120 more days to seek necessary regulatory approvals and close a deal.
Catherine Yang is a reporter for The Epoch Times based in New York.
