Tiktta stay in the US because Donald Trump says the deal is done

Imran Rahman-JohnsReporter Technology

Getty Images Donald Trump in a dark suit and tieGets the image

According to US President Donald Trump, a transaction was concluded between the US and China to keep Tiktok.

“We have a deal on Tiktok, I reached a deal with China, I’m going to talk to President SI on Friday to confirm everything,” Trump told reporters, leaving the White House to visit the UK.

On the social media platform, which is managed by the Chinese company, they said it should sell its operations in the US or risk closed.

However, Trump repeatedly detained the ban because it was first announced in January.

The US president said the buyer would be announced soon.

CNBC reports The transaction will include a mixture of current and new investors, and will be completed in the next 30 – 45 days.

It also states that the US technology company Oracle will retain an existing Tiktok agreement inside the United States.

This was one of the main problems of US legislators who referred to the concerns about data divided with China through national security.

On Monday, the US trading delegation stated that it was reached the “frame” transaction With China amid wider trade negotiations in Madrid.

China has confirmed the agreement scope, but stated that the deal would not be concluded at the expense of the firms.

Following Van Jiingtao’s negotiations, the deputy head of the Chinese cyberspace administration, offered at a press conference, the agreement included “licensing algorithm and other intellectual property rights”.

He added: “The Chinese government will, according to the law, study and approve the relevant issues related to the accuracy, such as technology exports, as well as licensed use of intellectual property.”

After initially calling for banning the cycle during its first term, Trump canceled his position on the popular video exchange platform.

In January, US Supreme Court supported the lawHaving passed in April 2024, banning the application in the United States if its byte company of the Chinese maternal company did not sell its weapons to the US.

The US Department of Justice has stated that due to access to US users’ data, the tick creates a “threat to national security and a scale”.

However, Bytans opposed the sale, the conservation of its operations in the US is completely separate, and says that the Chinese state does not disseminate information.

Check In January, shortly darkenedBut it lasted less than a day before the initial ban was delayed.

The deadline for sale has been since then Extended three timesThe last delay of the ban should end on September 17.

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