TikTok's return: Video app will switch to US-controlled ownership
Americans may continue using TikTok. A framework deal transfers TikTok's ownership to US control. US Treasury Secretary Scott Bessent announced this after US-China trade talks in Spain. Trump and Chinese Premier Xi Jinping may finalize the agreement soon. The deal addresses national security concerns. TikTok's popularity soared during Covid-19 lockdowns. US officials worried about ByteDance's Chinese origins.
Americans may continue using TikTok. A framework deal transfers TikTok's ownership to US control. US Treasury Secretary Scott Bessent announced this after US-China trade talks in Spain. Trump and Chinese Premier Xi Jinping may finalize the agreement soon. The deal addresses national security concerns. TikTok's popularity soared during Covid-19 lockdowns. US officials worried about ByteDance's Chinese origins.
