""I spoke with President Xi [Jinping], we had a good talk,""
""I told him what we were doing, and he said, 'Go ahead with it.'""
""If I could make it 100 percent MAGA, I would. But it's not going to work out that way, unfortunately.""
""every group, every philosophy, every policy will be treated fairly.""
President Donald Trump signed an executive order approving a deal that prevents a nationwide ban on TikTok. The deal values TikTok's US operations at $14 billion and places control with US-based companies. Oracle, Silver Lake, and Abu Dhabi-based MGX are reported to acquire a combined 45 percent stake, while investors in ByteDance would hold 35 percent. Uncertainty remains about whether ByteDance's recommendation algorithm will transfer or be licensed to the US entity. Trump said he discussed the matter with President Xi, who reportedly told him to proceed. Trump has extended deadlines for TikTok to divest.
Read at The Verge
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