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U.S. Investors, Trump Close In on TikTok Deal With China The Wall Street JournalTrump extends TikTok deadline as Oracle, other investors work on deal CNBCBeijing says TikTok's US app will use Chinese algorithm Financial TimesOracle, Andreesen Horowitz, More Will Hold Controlling Stake In TikTok Deal, Report Says Forbes
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President Trump formally extended the deadline to keep the social media app TikTok available in the United States until Dec. 16.
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Trump administration officials say they have the framework of a deal to save the popular video app. It had until Sept. 17 to be sold by its Chinese owner, ByteDance, or face a ban in the United States.
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Talks on trade were overshadowed by a "framework" deal regarding the social media platform, announced by Treasury Secretary Scott Bessent Monday.
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