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fromGSMArena.com
1 day agoChina may finally sell TikTok to US investors but keep the algorithm
China and the U.S. have reached a basic framework to license TikTok's algorithm and IP; specifics, investors, and approvals remain unresolved.
According Bessent, the proposed deal is " between two private parties," with the key commercial terms already agreed upon, ahead of this week's TikTok sell-off deadline in the U.S. The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! A deal was also reached on a 'certain' company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday."