27 Sep 2025 | 5 Mins Read
China remains silent on Trump's TikTok deal announcement
Flipitmoney
Trump approved a deal to keep TikTok alive in the US, with a joint-venture company overseeing US operations, US data and algorisms, and ByteDance retaining less than 20% stake. ByteDance will set up a new US company for e-commerce, advertising and international operations. The deal satisfies a US national security law, allowing TikTok's continued US presence.