TikTok Sale Moves Forward
Digest more
Trump, TikTok and Xi Jinping
Digest more
Treasury Secretary Scott Bessent said during a CBS interview that Presidents Donald Trump and Xi Jinping will likely approve a TikTok sale on Oct. 30.
The Trump administration has been signaling that it may have finally reached a deal with China to keep TikTok running in the U.S., with the two countries finalizing it as soon as Thursday. President Donald Trump is visiting South Korea,
American Jewish leaders have blamed Tiktok for allowing antisemitism to spread among young people and Israeli Prime Minister Benjamin Netanyahu recently accused China of using the platform to promote anti-Israel sentiment around the world — a charge China denies.
Treasury Secretary Scott Bessent’s victory lap on a TikTok deal has blown up in his face. President Donald Trump left his meeting with Chinese leader Xi Jinping without any mention of an agreement regarding the app’s future,
In today’s Tech Bytes, a deal to keep TikTok operating in the U.S. could be finalized this week. Treasury Secretary Scott Bessent says all the details have been ironed out. An announcement could come Thursday, after President Trump and Chinese President Xi Jinping meet in South Korea.
ByteDance did not respond to Ars’ request for comment. The TikTok owner has remained quiet throughout the Trump administration’s negotiations with China over the US sale, which is supposed to resolve US national security concerns that China may influence content on the app.
Although the United States leads, it’s not alone on TikTok’s e-commerce map. The study shows that Indonesia ranks second with $6.2 billion, followed closely by Thailand with $5.7 billion. Vietnam also emerges as a growing market, reaching $4.5 billion in platform sales.
For those who have been following the TikTok ban, it seems the final bow has been tied on a deal that will save the popular social media app from extinction.
President Donald Trump is expected to approve a proposed deal this week that would ensure TikTok in the United States is majority-owned by American investors and keep user data in a "trusted" cloud in the U.S., a senior White House official told Fox News ...
Iowa claims TikTok violates the Iowa Consumer Fraud Act by misrepresenting the frequency of profanity, sexual content and nudity available to teenage users.