Tag Archives: ByteDance

President Donald Trump is expected to sign a deal Thursday clearing the way for TikTok’s U.S. operations to be transferred from its China-based parent company ByteDance to a group of American investors, two senior White House officials told NBC News. The agreement, which has been in the works for months, …

Oracle Corp. will spearhead U.S. oversight of TikTok’s algorithm and security under a framework deal advanced Monday by President Donald Trump’s administration, in the most significant step yet toward severing the Chinese-owned app’s ties with Beijing. The proposal calls for a consortium of U.S. investors — led by Oracle and …

President Donald Trump on Thursday extended the TikTok sale deadline by 90 days, granting ByteDance, the Chinese parent company of the app, more time to find a U.S.-based buyer and avoid a ban under federal law. “I’ve just signed the Executive Order extending the Deadline for the TikTok closing for …

President Donald Trump has tasked Vice President J.D. Vance and National Security Adviser Michael Waltz with brokering a potential sale of TikTok to a U.S.-based entity before the latest ban extension expires in April, according to sources familiar with the plan. The move is the latest twist in the long-running …

Ashley Murray, Georgia Recorder Citing major national security concerns, the U.S. House on Wednesday overwhelmingly passed a bill that effectively bans TikTok unless the company splits from its Chinese owner ByteDance. The 352-65 vote occurred just a week after lawmakers introduced the bipartisan proposal and days after the powerful House Committee …

Jimmy Willimas The House Energy and Commerce Committee has given unanimous approval to a bill requiring ByteDance, the China-based parent company of TikTok, to divest the app or face a ban in the U.S. The “Protecting Americans From Foreign Adversary Controlled Applications Act” addresses national security concerns regarding potential access …