In a shocking move, the Trump administration is asking U.S. investors in TikTok's operations to pay billions to the federal government. This marks a new wave of crony capitalism where businesses are pressured to pay for governmental favors. Experts warn that this undermines free market principles and promotes extortionate practices.
President Trump has signed an executive order facilitating the potential sale of TikTok's U.S. assets, bringing the deal closer than ever. With a valuation near $14 billion, key investors like Oracle are involved, but uncertainties remain.
In a surprising turn of events, the Trump administration is negotiating a deal that could secure TikTok's future in the U.S. by ensuring user data protection. This comes amid ongoing scrutiny and controversies surrounding the app's ties to China and its potential use for propaganda. Discover how this deal could change the landscape of social media in America.
In a groundbreaking move, Trump signs an executive order to transfer TikTok to US owners, ensuring its continued operation. This deal gives American companies significant control over the popular app's algorithm and data, reshaping the future of social media.
In a crucial move to keep TikTok operational in the U.S., a new deal has been reached that excludes government equity stakes, with Oracle set to oversee security. President Trump will back the plan and extend the ban deadline once again.
A major deal to bring TikTok's U.S. operations under American control is imminent. The White House confirms the agreement, emphasizing control over the app's valuable algorithm. Discover what this means for users and the future of TikTok.
The White House has revealed details of a TikTok deal with China that would allow the app to operate in the US under strict data privacy measures. Oracle will manage user data, and a new board will ensure American oversight.
In a crucial call, Trump and Xi aim to finalize an agreement that could keep TikTok operational in the U.S. while easing trade tensions. Discover the implications of this high-stakes negotiation!
US President Donald Trump announced plans to meet Chinese Premier Xi Jinping in South Korea next month. They will discuss a deal involving TikTok's US operations amidst ongoing national security concerns.
In a significant move, President Trump and China's Xi Jinping are finalizing a deal for TikTok's US assets to be sold to American investors. This agreement could reshape US-China relations and TikTok's future.