Trump signs executive order saying his TikTok deal is legal

1 month ago 3

President Donald Trump has signed an executive order finalizing some of the terms of a deal to bring TikTok's US business under American control. The new TikTok entity will be owned by a group of US-based investors, while ByteDance will maintain a smaller stake in the new company and keep the app's algorithm.

TikTok has faced more than a year of uncertainty about its future in the United States since former President Joe Biden signed a law last year requiring ByteDance to sell TikTok or face a ban. In January, the Supreme Court upheld the law and TikTok briefly went dark just as Trump took office. Trump promptly signed an executive...

Source: https://www.engadget.com/social-media/trump-signs-executive-order-saying-his-tiktok-deal-is-legal-204607521.html?src=rss

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