White House offers more details about potential TikTok deal

The White House has provided more details about a potential TikTok deal. According to the press secretary, the restructured TikTok will have six out of seven board seats held by Americans, and the app's algorithm will be controlled by the U.S. The administration is seeking to address concerns over TikTok's Chinese ownership and the potential national security risks associated with the app. The proposed deal would involve the creation of a new U.S.-based company, TikTok Global, which would own the app's operations outside of China. This move is part of the ongoing negotiations between the U.S. government, ByteDance (TikTok's parent company), and potential American buyers, such as Oracle and Walmart. The White House's announcement provides more clarity on the administration's priorities in the TikTok deal, which aims to ensure American control over the platform's key aspects, including its algorithm and decision-making processes.