Summary
A deal has been made between the United States and China to keep TikTok operating in the US, as confirmed by President Donald Trump. The US had previously threatened to ban TikTok unless its Chinese owner, ByteDance, sold its US operations. The new deal involves US tech company Oracle, which will host TikTok's data in the US.
Key Facts
- TikTok, owned by Chinese company ByteDance, was at risk of being banned in the US.
- President Trump announced a deal to allow TikTok to continue operating in the US.
- US tech company Oracle will keep hosting TikTok's data in the US.
- Concerns were raised by US lawmakers about potential data sharing with China, citing national security risks.
- The US and China reached a "framework" agreement amid broader trade talks.
- ByteDance has resisted selling its US operations, stating they are separate from Chinese operations.
- The US Supreme Court upheld a law banning TikTok unless ByteDance sold its US arm.
- TikTok briefly went dark in January but continued operating after a delay in the ban.