"If the deal closes as expected on January 22, the new US company will have an estimated value of $14 billion, Vice President JD Vance noted in September. At that point, the deal will likely face mounting scrutiny from lawmakers, including Republicans, who aren't yet sure if the US operation resolves all national security concerns. Chinese control of the algorithm was a particular sticking point for critics, who claimed that Trump was giving China exactly what it wanted:"
"Sen. Elizabeth Warren (D-Mass.) has accused Trump of handing over "even more control of what you watch to his billionaire buddies," through the TikTok deal, which she likened to enabling a "billionaire takeover of TikTok." Many TikTokers likely share her concerns, after Trump suggested he'd like to see his hand-picked investors tweak the algorithm to be "100 percent MAGA." Questions remain until the exact terms of the deal become public, Warren said."
The proposed transaction would produce a US-owned TikTok company valued near $14 billion if it closes on January 22. The Trump administration says the deal ensures compliance with the divest-or-ban law but has withheld detailed terms. Lawmakers from both parties plan scrutiny and hearings, citing unresolved national security risks and concerns about Chinese influence over the algorithm. Critics warn the arrangement could grant international recognition to Chinese technology exports and enable wealthy investors to shape platform content. Uncertainty also exists about technical stability when roughly 170 million US users are ported to a new app.
Read at Ars Technica
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