Trump’s Gets Closer to a Signed, Sealed, Delivered TikTok Deal

The article discusses the ongoing negotiations between the Trump administration and ByteDance, the parent company of TikTok, regarding the sale of TikTok's U.S. operations. The article notes that the deal is getting closer to being finalized, with the administration pushing for a resolution before the September 20th deadline. The key points are: - The Trump administration has been pressuring ByteDance to sell TikTok's U.S. operations due to national security concerns. - Microsoft and Oracle have been in talks to potentially acquire TikTok's U.S. business. - The administration is pushing for a deal to be reached before the September 20th deadline, when TikTok could be banned in the U.S. - The details of the potential deal are still being negotiated, including the ownership structure and the involvement of U.S. companies. - The outcome of the negotiations could have significant implications for the future of TikTok in the U.S. market.
Source: For the complete article, please visit the original source link below.