What to know after US says it has reached framework deal with China to keep TikTok in operation
News Source : Associated Press
News Summary
- U.S. President Donald Trump said Tuesday his administration and China have “reached a deal” on TikTok over the ownership of the popular social video platform.
- The sides now have until Dec. 16 to hash out the details, following the latest deadline extension by the Trump administration.
- 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.
- Oracle Corp. has been floated as a likely buyer for the platform.
TikTok users in the U.S. may get a reprieve from the threat of a shutdown after the Trump administration announced it has reached a framework deal with China for the ownership of the popular social v [+4259 chars]