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US and China Agree on TikTok Ownership Framework
Financial MarketsTikTok DealUpdated 10 hours ago

US and China Agree on TikTok Ownership Framework

The US and China have reached an agreement on a framework for a potential sale of TikTok, paving the way for American ownership of the app's operations in the US. This development addresses concerns over tariffs and the possibility of a ban if the app is not sold by its Chinese owner, ByteDance.

Related Articles
US says 'framework' for TikTok ownership deal agreed with China
BBC Newsan hour ago
US says 'framework' for TikTok ownership deal agreed with China
PositiveFinancial Markets
The US has reached an agreement on a framework for a deal that would lead to American ownership of TikTok's operations in the country, as stated by the US treasury secretary.
Editor’s Note: This agreement is significant as it addresses national security concerns regarding data privacy and foreign ownership of popular social media platforms. It could also impact the future of TikTok in the US market.
Read full article
via BBC News
U.S. and China Reach ‘Framework’ for a TikTok Sale
The New York Times12 hours ago
U.S. and China Reach ‘Framework’ for a TikTok Sale
PositiveFinancial Markets
U.S. and Chinese officials have reached a framework for the potential sale of TikTok, addressing concerns over tariffs and a possible ban in the U.S. if the app is not sold by its Chinese owner, ByteDance.
Editor’s Note: This development is significant as it could alleviate tensions between the U.S. and China regarding technology and trade, while also impacting millions of TikTok users in the U.S. who rely on the platform for entertainment and communication.
Read full article
via The New York Times

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