"Washington has been pushing to wrest control of the popular platform from Chinese ownership amid security concerns. Trump claims that Chinese leader Xi Jinping has approved the plan, but Beijing has not yet commented. US President Donald Trump has expressed a fondness for TikTok, saying the platform helped him win over young voters during the 2024 election Image: Adriana Adie/ZUMA/picture alliance"
"The proposed deal allows TikTok to continue operating in the US and according to Vice President JD Vance is valued at $14 billion (12 billion). ""The company will be valued around $14B...the most important thing is that it does protect Americans' data security," Vance said in a statement posted on X. "It ensures TikTok is still accessible, and on this question of the algorithm, what this deal ensures is that... American investors will actually control the algorithm," Vance added."
Washington has pushed to remove Chinese ownership of TikTok over national security concerns. President Donald Trump signed an executive order declaring that a plan to sell TikTok's US operations met legal requirements. The proposed transaction would keep TikTok available in the United States and is valued at about $14 billion, according to Vice President JD Vance. Vance said the deal would protect Americans' data security, keep the platform accessible, and transfer algorithm control to American investors. Trump said Chinese leader Xi Jinping approved the plan, but Beijing had not commented. Trump said TikTok helped him win young voters in 2024.
Read at www.dw.com
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