The Journal podcast for September 17th discusses the potential deal to save TikTok in the U.S. amidst national security concerns and trade negotiations between the U.S. and China. The U.S. has been worried about TikTok's parent company, ByteDance, potentially sharing user data with the Chinese government or promoting propaganda. The Trump administration initially considered banning TikTok but later embraced it for political reasons. A framework for a deal has been reached, potentially giving U.S. investors 80% control of a new U.S.-based TikTok, while China would retain the algorithm and a 20% stake. The deal aims to address national security concerns while allowing TikTok to continue operating in the U.S., although some critics remain skeptical. The framework includes a licensing agreement for the algorithm and the possibility of a state visit from Trump to China.
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