White House Press Secretary Karoline Leavitt says Americans would hold six of the seven board seats for TikTok US and its algorithm would be US-controlled

The US operations of TikTok will be majority-owned and controlled by Americans under a deal reached this week to spin off the platform …

Bloomberg 2025-09-20 Kasia Klimasinska

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TikTok Deal Gives Americans 6 of 7 Board Seats, White House Says
@ranimolla Rani Molla on x
One reason the TikTok Oracle deal is so important? TikTok has grown bigger than Facebook or Instagram (or Snap and Pinterest combined) https://sherwood.news/... [image]
@carnage4life Dare Obasanjo on bluesky
According to Similarweb, TikTok is now the most popular social app in the U.S. — It's somewhat ironic that Joe Biden signed into law a requirement that TikTok be sold and it's now going to be sold to a collection of Trump allies. It's as if a law forced Twitter to be sold to E…
@sherwood.news @sherwood.news on bluesky
Oracle's potential TikTok takeover is a big deal to US competitors like Meta and Snap. — https://sherwood.news/tech/by-some- measures-tiktok-has-grown-bigger-than- facebook-or-instagram-in-the/
@repdonbacon Rep. Don Bacon on x
There should be total clarity. Congress passed a law that President Trump signed. The President must shut down TikTok's US operations unless the CCP's ByteDance sells off that part of TikTok.
@rapidresponse47 @rapidresponse47 on x
.@POTUS on his call with President Xi: “We talked for almost two hours... we talked about a lot of things... We have a very good relationship. The TikTok deal is well on its way, and the investors are getting ready.” [video]
@tiktokpolicy @tiktokpolicy on x
Statement from ByteDance: “We thank President Xi Jinping and President Donald J. Trump for their efforts to preserve TikTok in the United States. ByteDance will work in accordance with applicable laws to ensure TikTok remains available to American users through TikTok U.S.”
@danprimack Dan Primack on x
Chinese govt readout of call is different.
@danprimack Dan Primack on x
Looks like there isn't a TikTok deal yet.
@onlyyoontv Eunice Yoon on x
#China readout in Xinhua of Xi- @realDonaldTrump phone call. State media emphasizing that Xi said “the United States should refrain from taking unilateral trade restrictive measures” in call. The two discussed TikTok. Not much on @tiktok_us framework, in-person Xi-Trump meetin…
@willoremus.com Will Oremus on bluesky
Worth keeping in mind that Trump has a history of announcing deals before all the details are worked out, and there remain significant obstacles to hammer out: www.washingtonpost.com/technology/ 2... [image]
@willoremus.com Will Oremus on bluesky
TikTok has gotten the green light to spin off a US version of its app under different ownership, after Trump and Xi blessed the outlines of a deal today to avert a ban signed by President Biden, @drewharwell.com reports: www.washingtonpost.com/technology/ 2...
@paleofuture Matt Novak on bluesky
“Trump has mentioned the federal government could get a fee as part of the TikTok deal, but didn't specify that it could be billions of dollars, an enormous sum for arranging a deal.” [embedded post]
r/technology r on reddit
U.S. Government Is Expected to Get Multibillion-Dollar Fee in TikTok Deal

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White House Press Secretary Karoline Leavitt says Americans would hold six of the seven board seats for TikTok US and its algorithm would be US-controlled

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