TikTok deal reached, Trump suggests
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President Donald Trump hinted in a Truth Social post on Sept. 15 that the United States and China have reached a deal to divest the popular social media platform to a U.S. buyer. The announcement came two days before the next ban deadline for the social media platform, Sept. 17.
While TikTok has continued to operate, critics say these delays are avoiding a key national security concern: the possibility that the Chinese government could access American user data. Beijing denies this, but many U.S. lawmakers remain skeptical.
US President Donald Trump has said that he has reached a deal with China for the sale of TikTok. He refused to name the buyer.
The US and China have reached a ‘framework’ for a deal to keep TikTok in America. With Oracle and other investors circling, who will buy TikTok’s US operations?
Kevin O'Leary says the lack of a "willing seller" is a roadblock to a TikTok deal. The second major obstacle is TikTok’s algorithm itself, the investor said. Get Discounted Real-Time Trade Alerts For a Volatile Market (Labor Day Special) Kevin “Mr ...
Oracle surges 81% YTD on AI-cloud growth and TikTok deal speculation. Click for key insights on ORCL’s future and why it could see more upside.
CBS News has learned the tech company Oracle could play a key role if a TikTok deal is finalized between the Trump administration and China. Sources say the structure of the final deal is unclear, but it will include multiple companies.