Page 2 - Tiktok

Trump to meet Xi Jinping in four weeks, vows support for US soybean farmers

Trump says US soybean farmers are being hurt as China isn't buying for "negotiating" reasons and vows to use tariff revenue to support them

Oracle's role as TikTok data protector criticised as rehash of earlier plan

TikTok and Oracle have spent years and billions securing US user data under "Project Texas," closely resembling the plan Trump outlined this week

TikTok US sale: Why experts say $14 billion price tag is undervalued?

The proposed deal, backed by President Donald Trump, would carve out TikTok US into a new joint venture, cutting ByteDance's stake to below 20 per cent

Prized TikTok US business valued like boring blue chip in $14 billion deal

The rough estimate, cited by Vice President JD Vance on Thursday, is well below previous projections that scaled closer to $40 billion

Trump signs order for TikTok US sale, cuts ByteDance stake below 20%

In an order signed at the White House, Trump said the deal meets the 2024 law requiring ByteDance to divest control or face a nationwide ban in the US

TikTok tracked and collected Canadian children's personal data, probe finds

A Canadian investigation found TikTok collected sensitive data from children and failed to block underage users; the company has agreed to improve safety and privacy measures

Is the TikTok uncertainty finally ending? | Trump, Xi prepare for talks | US-China trade

A breakthrough may be in sight for TikTok’s future in the US. After high-level trade talks in Madrid, Washington and Beijing say they’ve reached a framework agreement on the app’s ownership.

Oracle to oversee TikTok's US operations, deal likely this week: WH

ByteDance will own less than 20% while TikTok US will be controlled by a mix of its existing US and global firms as well as a significant number of new investors who have no affiliation with ByteDance

Social media firms lose bid to stop expert testimony on how it harms youth

LA judge said testimony for all but one of 11 proposed witnesses could be presented at trial, but that all of the experts would be prohibited from discussing the intent of the social media companies

Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal: Trump

Trump has said the U.S. and China have made progress on a deal requiring TikTok's American assets to be transferred to US owners from China's ByteDance

TikTok deal with China ensures US control of board, algorithm: White House

An emerging TikTok deal with China will ensure that US companies control the algorithm that powers the app's video feed and Americans will hold a majority of seats on a board overseeing US operations, the White House said Saturday. A central question to the tug of war between Washington and Beijing has been whether the popular social video platform would keep its algorithm after the potential divestment of Chinese parent company ByteDance. Congress passed legislation calling for a TikTok ban to go into effect in January, but President Donald Trump has repeatedly signed orders that have allowed TikTok to keep operating in the United States as his administration tries to reach agreement for ByteDance to sell its US operations. White House press secretary Karoline Leavitt said tech giant Oracle would be responsible for the app's data and security and that Americans will control six of the seven seats for a planned board. We are 100 per cent confident that a deal is done, now that deal

Xi urges fair treatment of Chinese firms as TikTok deal nears approval

In his call with US President Donald Trump, Chinese President Xi pressed Washington to avoid restrictive trade measures and safeguard the progress made in earlier talks to ease economic tensions

Xi presses Trump to end tariffs, says Beijing open to TikTok talks

President Trump, however, suggested in a post that the two leaders had already reached an approval for the sale of TikTok's US operations

Trump, Xi Jinping discuss TikTok and trade tensions in phone call: Reports

The agreement is at the top of the agenda alongside trade for the leaders' first known call in three months

Larry Ellison: Billionaire Trump ally who will soon reshape US news media

Ellison's Hollywood and Big Media push could outsize Bezos' Washington Post and Benioff's Time buys, which were viewed as costly hobbies rather than transformative media power plays

TikTok US operations buyers to include Oracle, Silver Lake, and Andreessen

If finalised, a deal will resolve a sticking point in Beijing-Washington relations and help shape the fate of China's most valuable private company

What to know about TikTok, algorithm, US-China deal to keep it running

A central question to TikTok's potential shutdown saga has been whether the popular social video platform would keep its algorithm the secret sauce that powers its addictive video feed after it's divested from Chinese parent company ByteDance. Now, it appears that it can. Wang Jingtao, deputy director of China's Central Cyberspace Affairs Commission, told reporters in Madrid Monday there was consensus on authorisation of the use of intellectual property rights such as (TikTok's) algorithm a main sticking point in the deal. The sides also agreed on entrusting a partner with handling US user data and content security, he said. But while China has agreed that a divested TikTok could use its algorithm, it's uncertain how that would work. What is the deal? Little is known about the actual deal in the works, including what companies are involved and whether the United States would have a stake in TikTok. Li Chenggang, China's international trade representative, said the two sides have

Trump extends TikTok ban deadline to Dec 16 following deal with China

President Donald Trump formally extended the deadline to keep the social media app TikTok available in the United States until Dec 16, giving time to complete the framework of the deal announced Monday after talks between American and Chinese government officials. The executive order signed on Tuesday by Trump was the fourth time he has bypassed federal law to prolong the deadline for the China-associated TikTok to sell its assets to an American company or face a ban. The original deadline was Jan 19 of this year, a day before Trump took the oath of office for his second term. Trump was asked Tuesday about the framework deal he announced a day earlier and repeated that he would discuss TikTok with Chinese President Xi Jinping on Friday. He has said there are companies that want to buy the social media app owned by ByteDance and that details about its potential suitors would be announced soon. I hate to see value like that thrown out the window, Trump said as he departed the White ..

Trump says US has a buyer for TikTok; may need approval from Congress

The Trump administration has repeatedly declined to enforce a law requiring the app to shut down due to worries it would anger the app's millions of users and disrupt political communications

US to press ahead with TikTok ban if China keeps tariff, tech demands

US and China delegations are discussing the divestment from TikTok by Chinese owner Bytedance as part of a round of broader talks on tariffs and economic policy taking place in Madrid