Scott Bessent: China Agrees to ‘Final Deal’ to Sell TikTok to American Group
The US and China have finalized a deal to transfer majority ownership of the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday.

The US and China have finalized a deal to transfer majority ownership of the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday.

Researchers say they found that China’s TikTok “systematically boosts” content using in favor of Socialist New York City mayoral candidate Zohran Mamdani and against former NYC Mayor Andrew Cuomo (D) using its content algorithm. The team asserts that this goes beyond simple bias into a new area, “algorithmic steering.”

As TikTok’s U.S. business faces a potential sale to Oracle and a group of investors, concerns are growing about the future of the app’s powerful content-recommendation algorithm.

New York City has filed a lawsuit against major social media companies, accusing them of contributing to a youth mental health crisis through the design and operation of their platforms.

China’s TikTok actively pushes pornography and other sexual content on 13-year-old users, according to researchers who created fake accounts of young teens to see what the Chinese platform’s algorithm would suggest to them.

Vice President J.D. Vance expressed confidence that the Trump administration’s TikTok deal will effectively separate the app from its Chinese parent company, ByteDance, and ensure the security of U.S. users’ data.

President Donald Trump signed an executive order on Thursday approving a proposed deal that would allow TikTok to continue operating in the United States. The deal is not final until China agrees to it — but details of the new operation are taking shape.

President Donald Trump signed an executive order Wednesday approving a deal to allow TikTok to continue operating in the United States, as the Chinese app becomes majority-owned by American interests in a new joint-venture company.

Oracle will recreate and secure TikTok’s recommendation algorithm for the U.S. market as part of the popular Chinese-owned app’s sale to a group of American investors, according to a Bloomberg report.

A consortium of investors including Oracle, Silver Lake, and Andreessen Horowitz, is nearing a deal to take control of TikTok’s U.S. operations, as President Trump extends the deadline for banning the app to December 16.

President Donald Trump hinted that a deal has been reached regarding TikTok, the app called “a modern-day Trojan Horse” by the Chinese government, amid ongoing trade negotiations between the United States and China.

The future of TikTok in the United States remains uncertain as the Trump administration threatens to shut down the Chinese app if a deal involving the sale of TikTok to U.S. buyers fails to materialize.

China’s TikTok is reportedly planning to launch a new app tailored specifically for U.S. users in September as the company seeks to address national security concerns and comply with federal legislation. The move could signal that Tiktok’s Chinese parent company ByteDance is close to selling its American operations to comply with federal legislation.

President Donald Trump has announced that he has a group of “very wealthy people” prepared to purchase the popular video-sharing app TikTok, pending approval from the Chinese government. The identities of the potential buyers has not been disclosed.

President Donald Trump says he may extend the deadline for the sale of China’s TikTok app for a third time, adding that he believes a deal will eventually transpire.

President Donald Trump said he is open to giving China’s TikTok another extension if its parent company ByteDance does not strike a deal by the intended deadline.

TikTok has been hit with a massive $600 million (€530 million) fine by the Irish Data Protection Commission for violating the EU’s General Data Protection Regulation (GDPR) by sending European users’ data to servers in China.

South Korea’s data privacy watchdog agency, the Personal Information Protection Commission (PIPC), said on Thursday that China’s DeepSeek artificial intelligence (AI) transferred user data to companies in China and the United States without obtaining proper consent.

President Donald Trump announced Friday that he will sign an executive order to delay the TikTok ban in the United States for another 75 days.

President Donald Trump is weighing a controversial proposal that would allow TikTok to continue operating in the U.S. while its powerful algorithm remains under the control of its Chinese parent company ByteDance.

As the clock ticks down on the Trump administration’s deadline for China’s TikTok to find a U.S. buyer, e-commerce giant Amazon has thrown its hat into the ring, making a last-minute bid for the popular social media app.

President Donald Trump is set to meet with his top White House officials on Wednesday to address the fate of China’s popular TikTok app.

President Donald Trump says a deal for the sale of the U.S. division of China’s TikTok app to a non-Chinese buyer will arrive before Saturday’s deadline.

Vice President JD Vance expressed optimism that a high-level agreement to keep China’s TikTok operational in the United States will be in place by the April 5 deadline set by President Donald Trump.

President Donald Trump is reportedly negotiating with multiple potential buyers for the U.S. division of China’s TikTok.

China’s TikTok is reportedly profiting from sexual livestreams involving children, while the platform’s moderation policies are too weak to pick up on the explicit content, according to an investigation by the BBC.

Chinese dictator Xi Jinping held a meeting with tech CEOs on Monday to discuss rebuilding China’s damaged economy and push back against America’s efforts to maintain high-tech supremacy.

Tech giants Google and Apple have restored the Chinese social media platform TikTok to their app stores.

Elon Musk has stated that he is not interested in acquiring the U.S. operations of China’s TikTok, despite recent speculation about a potential sale to the billionaire tech mogul.

Is DeepSeek really a deep con? A psyop tossed out to shake up the financial markets? The release of a Chinese-made artificial intelligence engine called DeepSeek sent a bulldozer through Wall Street this week. Rival AI companies lost hundreds of

President Donald Trump has revealed that Microsoft is in discussions to acquire China’s TikTok, potentially saving it from a ban in the United States. Microsoft is just one of several offers already on the table for the popular social media platform whose owner, ByteDance, faces a sell-or-ban order.

As multiple stakeholders scramble to resolve national security concerns while preserving TikTok’s operations in the US, Perplexity AI has revised its merger proposal to TikTok parent ByteDance, potentially giving the U.S. government a 50 percent stake in the new company upon a future IPO.

Representative Mike Turner (R-OH) said Wednesday on CNN’s “The Lead” that President Donald Trump should not have paused the law requiring China to divest from TikTok.

President Donald Trump expressed his willingness to consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing China’s TikTok during a press briefing on Tuesday, while Canadian investor Kevin “Mr. Wonderful” O’Leary remains interested in a deal despite legal hurdles.

On his first day in office, President Donald Trump issued an executive order directing the DOJ not to enforce penalties against app stores and other service providers for working with China’s TikTok for a period of 75 days.

Rep. Alexandria Ocasio-Cortez (D-NY) criticized TikTok for praising President-elect Donald Trump for vowing to delay a ban on TikTok, stating that he is “not president right now.”

TikTok restored services in the United States after President-elect Donald Trump clarified that he would issue an executive order delaying a ban on the app.

American TikTok users were faced with a message that the app was unavailable Sunday and they would not be able to use it, hours before a ban was set to take effect.

The U.S. Supreme Court ruled unanimously on Friday, upholding the U.S. sell-or-ban legislation on TikTok, set to be enacted this Sunday.

Chinese app RedNote — known in China as “Xiaohongshu” and often described as the Chinese version of Instagram — is blocking posts about the 1989 Tiananmen Square Massacre and Uyghurs as U.S. TikTok users migrate to the platform ahead of a likely ban in the United States this Sunday. Startled westerners are also learning that China’s platforms don’t take kindly to woke LGBT content.
