us-tiktok-deal-close?-framework-deal-reached-with-china-all-you-need-to-know-about-social-media-app’s-looming-closure

123918769TikTok users in the US might avoid a ban as the Trump administration and China have reached a preliminary agreement regarding the platform’s ownership. The plan involves transitioning TikTok to American ownership, with Oracle Corp. potentially being a buyer. Trump and Xi are scheduled to discuss and potentially finalize the agreement, addressing concerns about data handling and algorithm control.