Trump and ByteDance tout TikTok deal approval, but no official details yet
President Trump on Friday announced that the TikTok deal, which would potentially see the video platform controlled by a consortium of U.S. investors, had been approved by President Xi of China. TikTok owner ByteDance also issued a public statement saying the company would work to ensure that TikTok “remains available to American users through TikTok U.S.” No further details about the deal were offered at the time. The two countries have been working on a way to save TikTok’s U.S. business, af