
President Donald Trump is expected to sign a deal Thursday to facilitate the sale of TikTok from a Chinese-based company to a group of American investors, two senior White House officials told NBC News. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Members of the Trump administration have signaled for days that a deal was being finalized between Chinese and U.S. officials.
Main Idea: Trump is expected to sign a deal that would shift TikTok’s U.S. business from ByteDance to American investors under a new company structure.
Key Points:
TikTok users may face more data oversight and a changed app experience if Oracle and new US owners retrain the algorithm.
A US-run TikTok could reduce the risk of a sudden ban and keep the app available for millions of American users and small businesses.
Rate how each entity in this article affected the American people.
Current owner of TikTok and a central party in the proposed sale structure.
Central actor expected to sign the TikTok deal and whose policy decisions drive the article.
Central foreign government context in the sale negotiations and ownership shift.
Named company expected to oversee U.S. user data and play a role in the deal.
Company led by Michael Dell, mentioned as part of the proposed investor group.
Named business leader Trump said would play a role in the deal.
Named business leader Trump said would play a role in the deal.
Named business family Trump said would play a role in the deal.
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Sign in to commentFormer president whose prior action on TikTok is cited as relevant background.
White House press secretary quoted on the deal nearing completion.
Outlet where Karoline Leavitt and Trump made key public comments about the deal.