A deal to bring TikTok’s U.S. operations under American ownership has been finalized and should be signed soon, according to White House press secretary Karoline Leavitt.
She added that the U.S. would have control over the app’s algorithm and data security.
Leavitt made the remarks in a Sept. 20 interview on Fox News, a day after President Donald Trump spoke by phone with Chinese leader Xi Jinping and declared that Beijing had approved the sale of TikTok to American investors.
The Chinese regime’s public readout offered a more cautious tone, saying only that companies were free to conduct “commercial negotiations based on market rules.”…