What to know after US says it has reached framework deal with China to keep TikTok in operation

Image for article 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]

Must read Articles