China, TikTok and Euro
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President Trump is expected to talk with Chinese officials this week about a possible TikTok deal. Here's what we know.
China’s government on Monday sidestepped a question on US President Donald Trump’s recent claim that he “pretty much” has a deal with Beijing to bring TikTok into American ownership and that talks with China over the popular short-video app could begin early this week.
From Larry Ellison’s new power consolidation to an app that simply may not be as good, the key variables as a multiyear saga could finally be ending.
The United States has banned TikTok from U.S. app stores if TikTok's Chinese parent company ByteDance does not divest its shares. But President Donald Trump has repeatedly delayed the deadline, with the latest being Sept.
It’s looking increasingly likely that any deal to transfer control of TikTok to new owners will mean US users have to download a new TikTok. And that could mean an almost entirely different experience on the app.
Less than a month after extending a deadline to ban TikTok for the third time, President Donald Trump told reporters late Friday night that, “We pretty much have a deal,” on TikTok.
President Trump has declined to enforce a statutory ban of the popular social media app while his administration negotiates a deal for an American company to acquire it.
There will be no sale of TikTok to American investors until Chinese President Xi Jinping is confident he has extracted as much as he can in terms of a favorable trade deal with the White House,
TikTok is planning to release a new app in the U.S., according to media reports. President Trump has said a deal is near.