‘Happy to save!’: Trump’s first reaction to TikTok deal; here’s what he said about Chinese President Xi Jinping – The Times of India

‘Happy to save!’: Trump’s first reaction to TikTok deal; here’s what he said about Chinese President Xi Jinping – The Times of India

US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture. “I am so happy to have helped in saving TikTok! It will now be owned by…

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TikTok row: US joint venture deal signed to avert Chinese ownership ban; ByteDance’s stake capped at 19.9% – The Times of India

TikTok row: US joint venture deal signed to avert Chinese ownership ban; ByteDance’s stake capped at 19.9% – The Times of India

TikTok has signed a joint venture agreement with major investors to keep its platform running in the United States and avoid a potential ban linked to its Chinese ownership, according to an internal memo seen by news agency AFP.TikTok chief executive Shou Zi Chew told employees that the company and its parent ByteDance have agreed…

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