TikTok Deal Gives Americans 6 of 7 Board Seats, Leavitt Says
The proposed TikTok deal will give Americans a majority stake in the platform's US operations. According to White House Press Secretary Karoline Leavitt, the agreement will result in American ownership and control of 6 out of the 7 board seats. This arrangement is seen as a way to address the national security concerns that have been raised over TikTok's Chinese ownership. The deal is part of the ongoing negotiations between the US government and ByteDance, the parent company of TikTok, to address the Trump administration's threat to ban the platform in the country. The details of the agreement are still being finalized, but the announcement suggests a compromise that aims to balance the interests of both the US government and TikTok's operations in the country.
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