Summary
TikTok may avoid being banned in the United States through a potential deal between the U.S. and China. This deal suggests creating a version of TikTok just for the U.S., separate from the global app, with its own data and servers. Negotiations involve TikTok's Chinese parent, ByteDance, potentially keeping a small ownership stake.
Key Facts
- TikTok might not be banned in the U.S., thanks to a proposed deal between the U.S. and China.
- ByteDance, based in Beijing, may keep a small ownership stake in a new U.S. version of TikTok.
- The new U.S.-only app would have its data, servers, and algorithm separate from the global TikTok platform.
- This deal follows trade talks in Madrid and requires approval from U.S. and Chinese leaders.
- The potential split of TikTok would be similar to Douyin, the Chinese version of the app.
- Concerns exist about whether the U.S.-only TikTok might use content control similar to Douyin.
- Douyin has over 700 million users and made over $21 billion from ads in 2023.
- There are fears that content suppression methods used on Douyin might appear in the U.S. version.